Premier FC

Analysis

Premier FC is a registered charity in United States, based in Midlothian, TX. 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 (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, Premier FC reported income of $341k and spending of $364k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $257k to $341k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Premier FC sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include St Peters Athletic Foundation Inc ($341k), Girls on the Run of Greater Richmond ($342k) and Dartmouth Youth Activities Association Incorporated ($341k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.