Fire Strikers Soccer Academy

Analysis

Fire Strikers Soccer Academy is a registered charity in United States, based in Carol Stream, IL. It received its IRS tax-exemption ruling in January 2021, 5 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, Fire Strikers Soccer Academy reported income of $101k and spending of $128k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $168k to $101k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fire Strikers Soccer Academy sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Raiders Ice Hockey Club Inc ($100k), Box State Bad Boys ($101k) and Memorial Figure Skating Club of Houston ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4,358 against liabilities of $0, net assets of $4,358.