Burlington Football Club Inc

Analysis

Burlington Football Club Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in December 2019, 7 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 July 2023, Burlington Football Club Inc reported income of $361k and spending of $348k, spending 96% of its income. Across the 3 years on record, from July 2021 to July 2023, income grew from $207k to $361k (+75%), an average of +32% a year. The sharpest change came in the year to July 2022, when income rose by 65%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Burlington Football Club Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 58th percentile within VT. Charities of a similar size with the same main cause include Boerne Youth Baseball Athletic Association Inc ($361k), West Elk Soccer Association ($361k) and Panthers Athletic Club Inc ($361k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1,685 (0.5% of expenses). At year end it held assets of $27k against liabilities of $932, net assets of $26k.