Culver City Football Club

Analysis

Culver City Football Club is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in October 2014, 12 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 December 2023, Culver City Football Club reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $1.3m (+541%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 278%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Culver City Football Club sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Bellingham Bay Community Boatingcenter ($1.3m), Kingdom Trail Association Inc ($1.3m) and International Jump Rope Union ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $673k. It paid $18k in professional fundraising fees. At year end it held assets of -$294k against liabilities of $0, net assets of -$294k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.