Maximum Velocity FC

Analysis

Maximum Velocity FC is a registered charity in United States, based in Lee, NH. It received its IRS tax-exemption ruling in October 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 December 2023, Maximum Velocity FC reported income of $210k and spending of $205k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $185k to $210k (+13%), an average of +13% a year. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maximum Velocity FC sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within NH. Charities of a similar size with the same main cause include Woodland Soccer Club ($210k), Glencoe Athletic Foundation Inc ($210k) and Paramus United Girls Soccer Club a NJ Non-Profit Corporation ($210k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.