Greater Grand Forks Soccer Club

Analysis

Greater Grand Forks Soccer Club is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in September 1988, 38 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, Greater Grand Forks Soccer Club reported income of $395k and spending of $385k, spending 97% of its income. Across the 6 years on record, from August 2019 to December 2023, income grew from $220k to $395k (+79%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 257%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Grand Forks Soccer Club sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within ND. Charities of a similar size with the same main cause include San Francisco Rotary Foundation ($395k), St Cecilia Club Inc ($395k) and PTA Colorado Congress ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $17k (4.5% of expenses). Other salaries and wages came to $111k. At year end it held assets of $212k against liabilities of $0, net assets of $212k. It reported 43 employees.