Gowags Teams Inc

Analysis

Gowags Teams Inc is a registered charity in United States, based in Camp Hill, PA. It received its IRS tax-exemption ruling in February 2016, 10 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, Gowags Teams Inc reported income of $240k and spending of $250k, spending 104% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $55k to $240k (+335%), an average of +63% a year. The sharpest change came in the year to August 2022, when income rose by 148%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gowags Teams 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 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Soccer Club of Oak Ridge Inc ($240k), Jackson Youth Football Association Inc ($240k) and Friends of Camp El-O-Win ($240k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $4,560 (1.8% of expenses). At year end it held assets of $11k against liabilities of $0, net assets of $11k.