Greater Libertyville Soccer Association Inc

Analysis

Greater Libertyville Soccer Association Inc is a registered charity in United States, based in Libertyville, IL. It received its IRS tax-exemption ruling in January 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, Greater Libertyville Soccer Association Inc reported income of $3.1m and spending of $2.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.1m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Libertyville Soccer Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Virginia Beach Events Unlimited Inc ($3.0m), Sussex County Farm and Horse Show Association Inc ($3.1m) and Maryland Juniors Volleyball Club Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $201k (8.0% of expenses). Other salaries and wages came to $192k. At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m. It reported 4 employees.