Fremont Rush Soccer Foundation

Analysis

Fremont Rush Soccer Foundation is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in May 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, Fremont Rush Soccer Foundation reported income of $973k and spending of $972k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $477k to $973k (+104%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fremont Rush Soccer Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Players Choice Academy Inc ($973k), New York Elite FC Inc ($974k) and Seward County Agricultural Society ($972k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $164k. At year end it held assets of $8,894 against liabilities of $6,231, net assets of $2,663.