Gwinnett Soccer Association Inc

Analysis

Gwinnett Soccer Association Inc is a registered charity in United States, based in Dacula, GA. It received its IRS tax-exemption ruling in January 2018, 8 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 May 2024, Gwinnett Soccer Association Inc reported income of $4.0m and spending of $4.3m, spending 107% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $3.3m to $4.0m (+21%), an average of +4.0% a year. The sharpest change came in the year to May 2022, when income rose by 31%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gwinnett Soccer Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Pennsylvania National Horse Show Foundation ($4.0m), Camps Newfound Owatonna Corporation ($4.0m) and Prince William Soccer Incorporated ($4.0m).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $395k (9.3% of expenses). Other salaries and wages came to $591k. At year end it held assets of $2.2m against liabilities of $984k, net assets of $1.3m. It reported 18 employees.