Grassland Athletic Association Inc

Analysis

Grassland Athletic Association Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in March 1992, 34 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 2024, Grassland Athletic Association Inc reported income of $387k and spending of $390k, spending 101% of its income. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grassland Athletic Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include United States Bridge Federation ($386k), Ac Inspire ($387k) and Isabella County Youth and Farm Fair Society ($386k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $75k (19% of expenses). At year end it held assets of $85k against liabilities of $723, net assets of $85k.