Power Evolution FC Inc

Analysis

Power Evolution FC Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in June 2019, 7 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, Power Evolution FC Inc reported income of $224k and spending of $233k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $224k (+87%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Power Evolution FC Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Midcourse Correction Challenge Camp ($224k), Ventura County United Soccer Club ($224k) and Town of Poughkeepsie Soccer Club Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (34% of expenses). Other salaries and wages came to $6,324. At year end it held assets of $11k against liabilities of $0, net assets of $11k.