Ballard Football Club Foundation

Analysis

Ballard Football Club Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 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 August 2023, Ballard Football Club Foundation reported income of $298k and spending of $175k, leaving 41% of income unspent that year. Across the 2 years on record, from April 2023 to August 2023, income grew from $21k to $298k (+1313%), an average of +1313% a year. The sharpest change came in the year to August 2023, when income rose by 1313%. Over the whole period it spent 55% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ballard Football Club Foundation 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 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Northwood Little League Inc ($298k), Mt Lebanon Baseball Association ($298k) and Charlottesville Community Baseball Inc ($298k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (22% of expenses). At year end it held assets of $200k against liabilities of $56k, net assets of $144k.