Flatirons Soccer Club

Analysis

Flatirons Soccer Club is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in July 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, Flatirons Soccer Club reported income of $145k and spending of $145k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $145k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. 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, Flatirons Soccer Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Ephrata Baseball Association Inc ($145k), Portland Volleyball Club ($145k) and North Country Atv ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $16k against liabilities of $7,592, net assets of $8,647.