Soccer Club of Newington Inc

Analysis

Soccer Club of Newington Inc is a registered charity in United States, based in Newington, CT. It received its IRS tax-exemption ruling in August 1984, 42 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, Soccer Club of Newington Inc reported income of $226k and spending of $225k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $216k to $226k (+4.4%), an average of +2.2% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soccer Club of Newington Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Orange-Calhoun-Allendale-Bamberg Community Development Corporation ($226k), Joshuas Army Inc ($226k) and Senior Transportation Services Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $169k against liabilities of $15k, net assets of $154k.