Fcba Academy

Analysis

Fcba Academy is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 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, Fcba Academy reported income of $2.7m and spending of $2.5m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $355k to $2.7m (+667%), an average of +97% a year. The sharpest change came in the year to December 2021, when income rose by 189%. 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, Fcba Academy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Salem Community Center Association Inc ($2.7m), Sos Outreach ($2.7m) and Team First Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $333k against liabilities of $22k, net assets of $311k.