Soccer Club of Cranford Inc

Analysis

Soccer Club of Cranford Inc is a registered charity in United States, based in Cranford, NJ. It received its IRS tax-exemption ruling in November 1999, 27 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 June 2024, Soccer Club of Cranford Inc reported income of $658k and spending of $543k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $225k to $658k (+193%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Soccer Club of Cranford Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Ouray Ice Park Incorporated ($657k), Freewheelin Community Bikes ($658k) and Champlin Park Hockey Association ($657k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $769k against liabilities of $0, net assets of $769k.