Villarreal Club de Futbol Virginia

Analysis

Villarreal Club de Futbol Virginia is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in March 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 June 2024, Villarreal Club de Futbol Virginia reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $1.0m to $1.0m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to June 2024, when income rose by 64%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Villarreal Club de Futbol Virginia sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Southern Lancaster County Community Fair Association ($1.0m), Api Cultural Center Inc ($1.0m) and 2-4-1 Care ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $248k (24% of expenses). At year end it held assets of $533k against liabilities of $536k, net assets of -$3,302. It reported 2 employees.