Lakewood Ranch Premier Futbol Club Inc

Analysis

Lakewood Ranch Premier Futbol Club Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 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, Lakewood Ranch Premier Futbol Club Inc reported income of $103k and spending of $103k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $88k to $103k (+17%), an average of +8.3% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lakewood Ranch Premier Futbol Club Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Colfax Jr Falcon Football and Cheer Inc ($103k), Splendora Area Softball Association ($103k) and Havasu Stingrays Swim Team ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.6% of the total. At year end it held assets of $17k against liabilities of $27k, net assets of -$11k.