Global Sports Alliance Inc

Analysis

Global Sports Alliance Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Global Sports Alliance Inc reported income of $268k and spending of $310k, spending 116% of what it took in. Across the 2 years on record, from August 2021 to August 2023, income grew from $247k to $268k (+8.2%), an average of +8.2% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Global Sports Alliance Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Michigan Generals Girls Fastpitch Softball Club ($268k), Amity Township Athletic Club Inc ($268k) and Barracuda Swim Club of Northeast Tennessee ($268k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $14k (4.4% of expenses). At year end it held assets of $124k against liabilities of $0, net assets of $124k.