Goleta Valley South Little League Inc

Analysis

Goleta Valley South Little League Inc is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in March 1970, 56 years ago. 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, Goleta Valley South Little League Inc reported income of $313k and spending of $310k, spending 99% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $261k to $313k (+20%), an average of +20% a year. The sharpest change came in the year to August 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Goleta Valley South Little League Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include The Bristol Emergency Food Pantry ($313k), Flowertown Players Inc ($313k) and Cleveland County Arts Council Inc ($313k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 74% of the total. At year end it held assets of $182k against liabilities of $0, net assets of $182k.