Greater Binghamton Soccer Assoc

Analysis

Greater Binghamton Soccer Assoc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in October 2014, 12 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 Binghamton Soccer Assoc reported income of $245k and spending of $220k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $238k to $245k (+3.0%), an average of +3.0% a year. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Binghamton Soccer Assoc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Friends of Peninsula State Parkincorporated ($245k), Little League Baseball Inc ($245k) and Tri-City Bombers Baseball Club Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $131k against liabilities of $29k, net assets of $102k.