Fort Wayne Fusion FC

Analysis

Fort Wayne Fusion FC is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in August 2023, 3 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, Fort Wayne Fusion FC reported income of $112k and spending of $83k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $112k (+14%), an average of +14% a year. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Wayne Fusion FC sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within IN. Charities of a similar size with the same main cause include Little League Baseball Inc ($112k), Matbo ($112k) and Drayton Golf Club ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.