F C Portland Soccer Academy

Analysis

F C Portland Soccer Academy is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in April 1994, 32 years ago. 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 April 2024, F C Portland Soccer Academy reported income of $895k and spending of $950k, spending 106% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income fell from $1.3m to $895k (-29%), an average of -8.1% a year. The sharpest change came in the year to April 2023, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, F C Portland Soccer Academy sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OR. Charities of a similar size with the same main cause include National Correctional Industries Association Inc ($895k), Assoc for Research on Nonprofit Organizations & Voluntary Actions ($895k) and Arizona Educational Foundation Inc ($895k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 4.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $24k (2.5% of expenses). Other salaries and wages came to $480k. At year end it held assets of $1.3m against liabilities of $270k, net assets of $996k. It reported 58 employees.