Utah Arsenal Futbol Club

Analysis

Utah Arsenal Futbol Club is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in October 2006, 20 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, Utah Arsenal Futbol Club reported income of $1.1m and spending of $1.3m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Utah Arsenal Futbol Club sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within UT. Charities of a similar size with the same main cause include Nba Players Legacy Fund Inc ($1.1m), Coast Guard Blue Dolphins Swim Club ($1.1m) and Columbia County Agricultural Society ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $221k against liabilities of $20k, net assets of $201k.