Northwest Rio Grande Soccer League

Analysis

Northwest Rio Grande Soccer League is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northwest Rio Grande Soccer League reported income of $54k and spending of $50k, spending 93% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $72k to $54k (-25%), an average of -9.0% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northwest Rio Grande Soccer League sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within NM. Charities of a similar size with the same main cause include Skyline Baseball Club ($54k), Chequamegon Soccer Club Inc ($54k) and Star Swimming Inc ($54k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.