East Orlando Knights Futbol Club Inc

Analysis

East Orlando Knights Futbol Club Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 2022, 4 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, East Orlando Knights Futbol Club Inc reported income of $275k and spending of $292k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $91k to $275k (+201%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 195%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East Orlando Knights Futbol Club Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Wichita Futbol Club ($275k), Lobo Football Booster Club Inc ($275k) and Centennial Soccer Club ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $26k (9.1% of expenses). Other salaries and wages came to $22k. At year end it held assets of $20k against liabilities of $7,695, net assets of $12k. It reported 2 employees.