Great Neck Athletic Association

Analysis

Great Neck Athletic Association is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in December 2023, 3 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 2024, Great Neck Athletic Association reported income of $205k and spending of $147k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $144k to $205k (+42%), an average of +42% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Neck Athletic Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Festival of Lights ($205k), Kansas City Blues Rugby Football Club Inc ($205k) and Elite Baseball Club Inc ($205k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.