Edgewater Castle Football Club

Analysis

Edgewater Castle Football Club is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2017, 9 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, Edgewater Castle Football Club reported income of $58k and spending of $54k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $19k to $58k (+205%), an average of +75% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Edgewater Castle Football Club sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include West Shore Snowmobile Council ($58k), Sharks Bullpen Booster Club Inc ($58k) and NH Noreaster Softball Club ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.