Fundacion Gol International Soccer Cultural Exchange Foundation Inc

Analysis

Fundacion Gol International Soccer Cultural Exchange Foundation Inc is a registered charity in United States, based in San Bruno, CA. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Fundacion Gol International Soccer Cultural Exchange Foundation Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 3 years on record, from April 2020 to April 2023, income grew from $945k to $1.1m (+13%), an average of +6.3% a year. The sharpest change came in the year to April 2023, when income rose by 104%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fundacion Gol International Soccer Cultural Exchange Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Coachella Valley Youth Golf Foundation ($1.1m), Yorktown Athletic Club Inc ($1.1m) and Massachusetts State Track Coaches Association Incorporated ($1.1m).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $35k (3.3% of expenses). At year end it held assets of $179k against liabilities of $302k, net assets of -$123k. It reported 1 employees.