Grassroot Soccer Inc

Analysis

Grassroot Soccer Inc is a registered charity in United States, based in Hanover, NH. It received its IRS tax-exemption ruling in August 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grassroot Soccer Inc reported income of $13.1m and spending of $7.2m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.3m to $13.1m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grassroot Soccer Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NH. Charities of a similar size with the same main cause include Great Lakes Indian Fish and Wildlife Commission ($13.0m), True Friends ($13.3m) and Usta Foundation Incorporated ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $237k (3.3% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $13.7m against liabilities of $317k, net assets of $13.4m. It reported 22 employees.