Maroons Soccer Club Inc

Analysis

Maroons Soccer Club Inc is a registered charity in United States, based in Ridgewood, NJ. It received its IRS tax-exemption ruling in February 1993, 33 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 2023, Maroons Soccer Club Inc reported income of $664k and spending of $613k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $203k to $664k (+227%), an average of +48% a year. The sharpest change came in the year to June 2021, when income rose by 131%. 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, Maroons Soccer Club 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 Gsga Foundation Inc ($664k), Patriot FC ($664k) and Jack London Youth Soccer Sportsleague ($664k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $326k against liabilities of $4,744, net assets of $321k.