Wichita Futbol Club

Analysis

Wichita Futbol Club is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in August 2012, 14 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, Wichita Futbol Club reported income of $275k and spending of $270k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $319k to $275k (-14%), an average of -7.2% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wichita Futbol Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within KS. Charities of a similar size with the same main cause include Centennial Soccer Club ($275k), East Orlando Knights Futbol Club Inc ($275k) and Calcio Gives Back ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $11k (4.0% of expenses). Other salaries and wages came to $16k. At year end it held assets of $29k against liabilities of $537, net assets of $29k. It reported 1 employees.