Futbol Club Sudamerica Inc

Analysis

Futbol Club Sudamerica Inc is a registered charity in United States, based in Dawsonville, GA. It received its IRS tax-exemption ruling in April 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 December 2023, Futbol Club Sudamerica Inc reported income of $606k and spending of $664k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $606k (+491%), an average of +56% a year. The sharpest change came in the year to December 2020, when income rose by 176%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Futbol Club Sudamerica Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Camp Dudley Foundation Inc ($606k), Soccer Club of Ridgefield Conn Inc ($606k) and Skating Institute of Rochester Inc ($606k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $122k against liabilities of $38k, net assets of $84k.