Grand Ledge Soccer Club Inc

Analysis

Grand Ledge Soccer Club Inc is a registered charity in United States, based in Grand Ledge, MI. It received its IRS tax-exemption ruling in July 1995, 31 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, Grand Ledge Soccer Club Inc reported income of $90k and spending of $66k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $90k (+67%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grand Ledge Soccer Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Howard County Antique Farm Machinery Club Inc ($90k), Southeastern Ohio Sportsmans Association Inc ($90k) and Harrison Wrestling Booster Club Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 67% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.