Fishhawk Soccer Club Inc

Analysis

Fishhawk Soccer Club Inc is a registered charity in United States, based in Lithia, FL. It received its IRS tax-exemption ruling in November 2015, 11 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, Fishhawk Soccer Club Inc reported income of $1.0m and spending of $936k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $608k to $1.0m (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fishhawk Soccer Club Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Columbia Youth Hockey Inc ($1.0m), Puget Sound Region of the United States Volleyball Assoc ($1.0m) and The Mexico Senior Olympics Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $9,250 (1.0% of expenses). At year end it held assets of $893k against liabilities of $659k, net assets of $234k. It reported 4 employees.