South FL Football Academy Inc

Analysis

South FL Football Academy Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in May 2020, 6 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, South FL Football Academy Inc reported income of $760k and spending of $736k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $73k to $760k (+943%), an average of +60% a year. The sharpest change came in the year to June 2020, when income rose by 218%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South FL Football Academy Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Bainbridge Island Rowing Club ($760k), Table Mountain Soccer Association Inc ($761k) and Soccer Club of Los Gatos ($760k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $41k (5.5% of expenses). At year end it held assets of $413k against liabilities of $2,495, net assets of $411k.