Great Basin Youth Soccer League of Nevada

Analysis

Great Basin Youth Soccer League of Nevada is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in December 2000, 26 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 December 2023, Great Basin Youth Soccer League of Nevada reported income of $882k and spending of $907k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $882k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income rose by 141%. 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, Great Basin Youth Soccer League of Nevada sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within NV. Charities of a similar size with the same main cause include Starlights Skating Club ($881k), Boston Fencing Club Inc ($882k) and Keliix Intra Soccer Club ($881k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $121k. At year end it held assets of $301k against liabilities of $11k, net assets of $290k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.