Metasport FC Inc

Analysis

Metasport FC Inc is a registered charity in United States, based in Farmington, UT. It received its IRS tax-exemption ruling in March 2017, 9 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Metasport FC Inc reported income of $1.0m and spending of $689k, leaving 31% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $571k to $1.0m (+76%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metasport FC Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within UT. Charities of a similar size with the same main cause include Rye Youth Soccer Club Inc ($1.0m), Concord Review ($1.0m) and Messianic Jewish Family Bible Society Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $419k. At year end it held assets of $542k against liabilities of $150k, net assets of $392k. It reported 5 employees.