Geneseo Soccer Club

Analysis

Geneseo Soccer Club is a registered charity in United States, based in Geneseo, IL. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Geneseo Soccer Club reported income of $67k and spending of $83k, spending 123% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $79k to $67k (-15%), an average of -15% a year. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Geneseo Soccer Club sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Komolion Human Development Fund Inc ($67k), Daniel and Francine Scintofoundation ($67k) and National Charity League Inc Texas Sage Chapter ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.0% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.