Wayne Soccer Club Inc

Analysis

Wayne Soccer Club Inc is a registered charity in United States, based in North Haledon, NJ. It received its IRS tax-exemption ruling in April 2014, 12 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, Wayne Soccer Club Inc reported income of $348k and spending of $274k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $299k to $348k (+16%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wayne Soccer Club Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Greater Portland Soccer District Inc ($348k), Friends of Rockbridge Swimming Inc ($348k) and Robertson County Fair Association ($348k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.3% and program service revenue 93% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.