Gala FC

Analysis

Gala FC is a registered charity in United States, based in Marysville, WA. It received its IRS tax-exemption ruling in July 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 December 2023, Gala FC reported income of $159k and spending of $194k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $159k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gala FC sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include Cass County Fair Association ($159k), Siloam Springs Rodeo and Riding Club ($159k) and Lane Youth Soccer Association ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. At year end it held assets of $63k against liabilities of $1,740, net assets of $61k.