Grissom Soccer Club Inc

Analysis

Grissom Soccer Club Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in May 1994, 32 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 August 2023, Grissom Soccer Club Inc reported income of $73k and spending of $61k, spending 83% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $65k to $73k (+13%), an average of +13% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grissom Soccer Club Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AL. Charities of a similar size with the same main cause include Kids Play Alabama ($73k), Verona Eagles Football Program Inc ($73k) and Steelhorse Strangers Motorcycle Club Inc ($73k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 87% and program service revenue 7.8% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.