Fusion FC Nky Inc

Analysis

Fusion FC Nky Inc is a registered charity in United States, based in Crescent Springs, KY. It received its IRS tax-exemption ruling in December 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 June 2023, Fusion FC Nky Inc reported income of $436k and spending of $439k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $211k to $436k (+106%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fusion FC Nky Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include USA South Athletic Conference Inc ($436k), Mission Aurora Colorado Swim Team ($436k) and Warriors Youth Baseball Academy ($436k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. At year end it held assets of $277k against liabilities of $0, net assets of $277k.