Goshen Stars Soccer Club Inc

Analysis

Goshen Stars Soccer Club Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in June 2009, 17 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 December 2023, Goshen Stars Soccer Club Inc reported income of $156k and spending of $140k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $169k to $156k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Goshen Stars Soccer Club 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 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Connecticut Storm Basketball Club Inc ($156k), Play Higher Futbol Club Inc ($156k) and United States Bowling Congress Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 45% of the total. At year end it held assets of $593k against liabilities of $386k, net assets of $206k.