Florida United Soccer Club Inc

Analysis

Florida United Soccer Club Inc is a registered charity in United States, based in Miramar, FL. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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 United Soccer Club Inc reported income of $937k and spending of $952k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $393k to $937k (+138%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 122%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida United Soccer Club Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Esperanza Center Health Services Inc ($937k), World Gospel Mission ($937k) and New Dance Complex Inc ($936k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $474k (50% of expenses). At year end it held assets of $132k against liabilities of $0, net assets of $132k.