Pennsville Soccer Association Inc

Analysis

Pennsville Soccer Association Inc is a registered charity in United States, based in Pennsville, NJ. It received its IRS tax-exemption ruling in March 2007, 19 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, Pennsville Soccer Association Inc reported income of $59k and spending of $72k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $59k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pennsville Soccer Association Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Oakland Metropolitan Chamber of Commerce Foundation ($59k), Sheboygan County Cycling ($59k) and Mountain House Cricket Club ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 68% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.