Gsga Foundation Inc

Analysis

Gsga Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gsga Foundation Inc reported income of $664k and spending of $547k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $581k to $664k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 225%. Over the whole period it spent 61% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gsga Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include Jack London Youth Soccer Sportsleague ($664k), Maroons Soccer Club Inc ($664k) and Kenosha Blue Line Hockey Club Inc ($664k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $142k. At year end it held assets of $6.5m against liabilities of $0, net assets of $6.5m.