Freehold Soccer League Inc

Analysis

Freehold Soccer League Inc is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in October 1977, 49 years ago. 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 July 2023, Freehold Soccer League Inc reported income of $936k and spending of $965k, spending 103% of its income. Across the 5 years on record, from December 2019 to July 2023, income grew from $224k to $936k (+317%), an average of +43% a year. The sharpest change came in the year to July 2021, when income rose by 973%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freehold Soccer League Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Kboo Foundation ($936k), Barbereux School Inc ($936k) and Lake Louise Christian Community ($935k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.4% and program service revenue 95% of the total. At year end it held assets of $302k against liabilities of $158k, net assets of $144k.