Gorham Youth Soccer Association

Analysis

Gorham Youth Soccer Association is a registered charity in United States, based in Gorham, ME. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Gorham Youth Soccer Association reported income of $72k and spending of $56k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $72k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gorham Youth Soccer Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 21st percentile within ME. Charities of a similar size with the same main cause include 4 a Cause Thrift Shop ($72k), Friends of the Temple Public Library ($72k) and Wabash Valley Youth in Action Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 71% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.