New Jersey State Youth Soccer Association

Analysis

New Jersey State Youth Soccer Association is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in February 1982, 44 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 August 2023, New Jersey State Youth Soccer Association reported income of $3.4m and spending of $3.0m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.6m to $3.4m (+29%), an average of +6.7% a year. The sharpest change came in the year to August 2023, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Jersey State Youth Soccer Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Breckenridge Outdoor Education Center ($3.4m), Canton Academic Foundation Inc ($3.4m) and The Loppet Foundation Inc ($3.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% and program service revenue 54% of the total. Other salaries and wages came to $995k. At year end it held assets of $3.6m against liabilities of $430k, net assets of $3.2m. It reported 60 employees.