TC United FC

Analysis

TC United FC is a registered charity in United States, based in Tooele, UT. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TC United FC reported income of $118k and spending of $118k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $118k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, TC United FC sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within UT. Charities of a similar size with the same main cause include Somo Endowment Fund Inc ($118k), McQuades Charities Softball Tournament ($118k) and North Puget Sound League NPSL ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9,142 against liabilities of $0, net assets of $9,142.