Houston FC

Analysis

Houston FC is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in July 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 July 2023, Houston FC reported income of $244k and spending of $206k, spending 85% of its income. Across the 4 years on record, from December 2020 to July 2023, income grew from $194k to $244k (+26%), an average of +7.9% a year. The sharpest change came in the year to July 2021, when income rose by 25%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Houston FC sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Flemington Raritan Baseball Inc ($244k), Westlake Soccer Association ($244k) and Little League Baseball Inc ($244k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. At year end it held assets of $212k against liabilities of $23k, net assets of $188k.