Georgia State Soccer Association Inc

Analysis

Georgia State Soccer Association Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1979, 47 years ago. 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, Georgia State Soccer Association Inc reported income of $2.0m and spending of $2.2m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $2.0m (-42%), an average of -13% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia State Soccer Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Ivy Hall Academy of Provo ($2.0m), East Alabama Medical Center Foundation ($2.0m) and Disability Rights Idaho Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $165k (7.5% of expenses). Other salaries and wages came to $427k. At year end it held assets of $3.0m against liabilities of $199k, net assets of $2.8m. It reported 9 employees.