West Morris Soccer Club

Analysis

West Morris Soccer Club is a registered charity in United States, based in Mendham, NJ. It received its IRS tax-exemption ruling in November 1985, 41 years ago. 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 December 2023, West Morris Soccer Club reported income of $474k and spending of $415k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $506k to $474k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Morris Soccer Club sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include The Rapid City Public School Foundation Inc ($474k), Barbaras House Inc ($474k) and Arirang Housing Inc ($474k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.