Rams FC Inc

Analysis

Rams FC Inc is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in November 2018, 8 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, Rams FC Inc reported income of $384k and spending of $413k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $384k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 204%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rams FC Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within RI. Charities of a similar size with the same main cause include Moody High School Football Booster Club ($384k), Outdoor Health Inc ($384k) and Cyclone Soccer Hollywood Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $176k. At year end it held assets of $34k against liabilities of $0, net assets of $34k.