Genesee Valley Bronze Bears Soccer Club Inc

Analysis

Genesee Valley Bronze Bears Soccer Club Inc is a registered charity in United States, based in Geneseo, NY. It received its IRS tax-exemption ruling in March 1997, 29 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, Genesee Valley Bronze Bears Soccer Club Inc reported income of $97k and spending of $85k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $97k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Genesee Valley Bronze Bears Soccer Club Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Fore Kids Columbus Ga Inc ($97k), Battlefield Area Star Swimmers Inc ($97k) and Alex Lowe Charitable Foundation Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.