Issaquah FC

Analysis

Issaquah FC is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Issaquah FC reported income of $428k and spending of $389k, spending 91% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $259k to $428k (+65%), an average of +13% a year. The sharpest change came in the year to March 2022, when income rose by 283%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Issaquah FC sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Simsbury Youth Hockey Association Inc ($428k), Platinum Cheer Association ($428k) and Wolverine Youth Soccer Inc ($428k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Other salaries and wages came to $107k. At year end it held assets of $228k against liabilities of $0, net assets of $228k. It reported 5 employees.