TFD Soccer Limited

Analysis

TFD Soccer Limited is a registered charity in United States, based in Brooklyn Ny, NY. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, TFD Soccer Limited reported income of $105k and spending of $101k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $218k to $105k (-52%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, TFD Soccer Limited sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Journeymen Triangle a Chapter of Boys to Men International ($105k), Regents of the University of Minnesota ($105k) and Casa of Autauga and Chilton Counties ($105k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $11k (11% of expenses). At year end it held assets of $44k against liabilities of $444, net assets of $44k. It reported 1 employees.