Howell Soccer Club Inc

Analysis

Howell Soccer Club Inc is a registered charity in United States, based in Howell, NJ. It received its IRS tax-exemption ruling in December 1997, 29 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, Howell Soccer Club Inc reported income of $80k and spending of $86k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $80k to $80k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Howell Soccer Club Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Chemotherapy Foundation Inc ($80k), National Forum of Esrd Networks Inc ($80k) and PTA Texas Congress ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $13k (15% of expenses). At year end it held assets of $49k against liabilities of $0, net assets of $49k.