Global Sports Alliance Inc

Analysis

Global Sports Alliance Inc is a registered charity in United States, based in Plant City, FL. It received its IRS tax-exemption ruling in December 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 June 2023, Global Sports Alliance Inc reported income of $682k and spending of $672k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $268k to $682k (+155%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Global Sports Alliance Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Oahe Hockey Association ($682k), Willamette Valley Track and Field Inc ($683k) and White Mills Christian Camp Inc ($682k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $114k (17% of expenses). Other salaries and wages came to $35k. At year end it held assets of $105k against liabilities of $4,145, net assets of $101k. It reported 3 employees.