Westbank Futbol Club

Analysis

Westbank Futbol Club is a registered charity in United States, based in Harvey, LA. It received its IRS tax-exemption ruling in January 2022, 4 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, Westbank Futbol Club reported income of $56k and spending of $51k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $27k to $56k (+105%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westbank Futbol Club sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within LA. Charities of a similar size with the same main cause include Camel City Track Foundation ($56k), Youth Sports Warehouse Corporation ($56k) and Lakeshore Region Volleyball Association Inc ($56k).

At year end it held assets of $18k against liabilities of $0, net assets of $18k.