FC Boulder

Analysis

FC Boulder is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in May 1996, 30 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 May 2024, FC Boulder reported income of $4.2m and spending of $4.0m, spending 96% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $2.3m to $4.2m (+84%), an average of +13% a year. The sharpest change came in the year to May 2022, when income rose by 50%. 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, FC Boulder sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Southern Texas Professional Golfers Association Foundation ($4.2m), Fort Bend County Fair Association ($4.2m) and American Junior Golf Foundation Inc ($4.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $924k against liabilities of $18k, net assets of $906k. It reported 23 employees.