Gallup Soccer League

Analysis

Gallup Soccer League is a registered charity in United States, based in Gallup, NM. It received its IRS tax-exemption ruling in March 1991, 35 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 December 2023, Gallup Soccer League reported income of $145k and spending of $138k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $145k (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 553%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gallup Soccer League sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within NM. Charities of a similar size with the same main cause include Texas Lawbook Foundation ($145k), Suffield Cooperative Preschool ($145k) and The Johnson County YMCA Foundation ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.7% and program service revenue 85% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.