Lawrence Hamnett Soccer Association Inc

Analysis

Lawrence Hamnett Soccer Association Inc is a registered charity in United States, based in Lawrenceville, NJ. It received its IRS tax-exemption ruling in January 1996, 30 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 December 2023, Lawrence Hamnett Soccer Association Inc reported income of $241k and spending of $206k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $241k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lawrence Hamnett Soccer Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Treasure Coast Aquatics & Diving Inc ($241k), Little Guys Baseball Club ($241k) and Black Dagger Military Hunt Club Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.