Georgia Soccer Development Foundation Inc

Analysis

Georgia Soccer Development Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 1997, 29 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, Georgia Soccer Development Foundation Inc reported income of $242k and spending of $382k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $242k (-77%), an average of -31% a year. The sharpest change came in the year to December 2021, when income rose by 231%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Georgia Soccer Development Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Jasper County Agriculture Associati on ($242k), West Yellowstone Ski Education Foundation ($242k) and Little League Baseball Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 59% of the total. At year end it held assets of $5.2m against liabilities of $1,000, net assets of $5.2m.