The Tenafly League for Soccer and Youth Inc

Analysis

The Tenafly League for Soccer and Youth Inc is a registered charity in United States, based in Tenafly, NJ. It received its IRS tax-exemption ruling in February 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, The Tenafly League for Soccer and Youth Inc reported income of $209k and spending of $322k, spending 154% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $15 to $209k (+1393733%), an average of +987% a year. The sharpest change came in the year to July 2021, when income rose by 1563807%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Tenafly League for Soccer and Youth Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Vermilion Schools Athletic Boosters Inc ($209k), Mountain View Lions Foundation ($209k) and Rohnert Park Girls Softball Association ($209k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.