United 1996 Futbol Club

Analysis

United 1996 Futbol Club is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2023, 3 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 May 2023, United 1996 Futbol Club reported income of $133k and spending of $143k, spending 108% of what it took in. Across the 3 years on record, from December 2020 to May 2023, income grew from $51k to $133k (+161%), an average of +62% a year. The sharpest change came in the year to May 2022, when income rose by 101%. Over the whole period it spent 129% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, United 1996 Futbol Club sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include American Youth Football Inc ($133k), Pottstown Athletic Club ($133k) and Mighty Marlins Swim Club ($133k).

At year end it held assets of $18k against liabilities of $26k, net assets of -$8,151.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.