FC Fusion

Analysis

FC Fusion is a registered charity in United States, based in Rowlett, TX. It received its IRS tax-exemption ruling in March 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, FC Fusion reported income of $93k and spending of $90k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $93k (-4.1%), an average of -4.1% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, FC Fusion sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include St Louis Skating Club Inc ($93k), Norwin Basketball Association ($93k) and Harpeth Scholastic Shooting Sports Foundation ($93k).

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.