Granite Bay FC

Analysis

Granite Bay FC is a registered charity in United States, based in Granite Bay, CA. It received its IRS tax-exemption ruling in January 1981, 45 years ago. 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, Granite Bay FC reported income of $486k and spending of $424k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $440k to $486k (+11%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Granite Bay FC sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Montana School for the Deaf and Blind Foundation ($486k), Cervivor Inc ($486k) and Mankato Area Youth Baseball Association Inc ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $17k (4.1% of expenses). At year end it held assets of $489k against liabilities of $0, net assets of $489k.