Gore Valley Soccer Club

Analysis

Gore Valley Soccer Club is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in October 1989, 37 years ago. 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 May 2023, Gore Valley Soccer Club reported income of $527k and spending of $437k, spending 83% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $555k to $527k (-5.0%), an average of -1.3% a year. The sharpest change came in the year to May 2022, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gore Valley Soccer Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Camau Association of America ($527k), Pacific Resident Theatre Ensemble ($527k) and Bel Canto Chorus of Milwaukee Inc ($527k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. Other salaries and wages came to $242k. At year end it held assets of $392k against liabilities of $16k, net assets of $376k.