Gulf Coast Youth Soccer Club Inc

Analysis

Gulf Coast Youth Soccer Club Inc is a registered charity in United States, based in Port Arthur, TX. It received its IRS tax-exemption ruling in November 2015, 11 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 December 2023, Gulf Coast Youth Soccer Club Inc reported income of $607k and spending of $677k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $401k to $607k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gulf Coast Youth Soccer Club Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Half Hollow Hills Swim Club Inc ($606k), Good Friends ($607k) and Jefferson County Library Foundation Inc ($606k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $98k. At year end it held assets of $156k against liabilities of $100k, net assets of $55k. It reported 1 employees.