Gillette Soccer Club Inc

Analysis

Gillette Soccer Club Inc is a registered charity in United States, based in Gillette, WY. It received its IRS tax-exemption ruling in May 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 July 2024, Gillette Soccer Club Inc reported income of $440k and spending of $434k, spending 99% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $200k to $440k (+120%), an average of +30% a year. The sharpest change came in the year to July 2024, when income rose by 49%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gillette Soccer Club Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within WY. Charities of a similar size with the same main cause include SKWC a New Jersey Nonprofit Corporation ($440k), Cecil County Fair Inc ($440k) and Sandhills Youth Development Inc ($440k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 24% and program service revenue 70% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.