Florida Recreational Sports Inc

Analysis

Florida Recreational Sports Inc is a registered charity in United States, based in Doral, FL. It received its IRS tax-exemption ruling in January 2021, 5 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, Florida Recreational Sports Inc reported income of $313k and spending of $333k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $313k (+41%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Florida Recreational Sports Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Elite Soccer Youth Development Academy Inc ($312k), Little League Baseball Inc ($313k) and Arden Park Soccer Club ($312k).

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