WT Soccer Association a Njnonprofit Corporation

Analysis

WT Soccer Association a Njnonprofit Corporation is a registered charity in United States, based in Sewell, NJ. It received its IRS tax-exemption ruling in February 2018, 8 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, WT Soccer Association a Njnonprofit Corporation reported income of $220k and spending of $276k, spending 125% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $361k to $220k (-39%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 166%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, WT Soccer Association a Njnonprofit Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Sullivan Community Council Inc ($220k), Trailspring Inc ($220k) and The Dallas Off Road Bicycle Association ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.