Forney Sports Club Inc

Analysis

Forney Sports Club Inc is a registered charity in United States, based in Forney, TX. It received its IRS tax-exemption ruling in November 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 December 2023, Forney Sports Club Inc reported income of $72k and spending of $72k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $24k to $72k (+207%), an average of +207% a year. The sharpest change came in the year to December 2023, when income rose by 207%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Forney Sports Club Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Fort Bend County Youth Rodeo Association ($72k), Little League Baseball Inc ($72k) and Dover United Youth Soccer Club Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.