Grand Valley Premier Soccer Club

Analysis

Grand Valley Premier Soccer Club is a registered charity in United States, based in Kentwood, MI. It received its IRS tax-exemption ruling in October 2002, 24 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 2023, Grand Valley Premier Soccer Club reported income of $3.6m and spending of $3.0m, spending 84% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.6m (+38%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grand Valley Premier Soccer Club 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 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Little Bit Therapeutic Riding Center ($3.6m), Pensacola Interstate Fair Inc ($3.6m) and Greater Kansas City Sports Foundation ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 90% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.5m against liabilities of $1.8m, net assets of $1.7m. It reported 48 employees.