Morton United FC NFP

Analysis

Morton United FC NFP is a registered charity in United States, based in Morton, IL. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Morton United FC NFP reported income of $484k and spending of $418k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $390k to $484k (+24%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morton United FC NFP sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Bayside Soccer Club Inc ($484k), Dallas SC Holdings ($484k) and MV Sharks Baseball Foundation ($484k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.