SC Gjoa Youth Soccer Inc

Analysis

SC Gjoa Youth Soccer Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 1998, 28 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 April 2023, SC Gjoa Youth Soccer Inc reported income of $1.1m and spending of $1.3m, spending 114% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $806k to $1.1m (+41%), an average of +9.0% a year. The sharpest change came in the year to April 2021, when income rose by 110%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, SC Gjoa Youth Soccer Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Gratiot County Fair for Youth ($1.1m), Sun Devil Gymnastics Booster Club ($1.1m) and Sioux Empire Baseball Association ($1.1m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. Other salaries and wages came to $639k. At year end it held assets of $585k against liabilities of $470k, net assets of $115k. It reported 27 employees.