Point Pleasant Soccer Club Inc

Analysis

Point Pleasant Soccer Club Inc is a registered charity in United States, based in Pt Pleasant, NJ. It received its IRS tax-exemption ruling in December 2009, 17 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, Point Pleasant Soccer Club Inc reported income of $169k and spending of $171k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $163k to $169k (+3.6%), an average of +3.6% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Point Pleasant Soccer Club Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Miracle League of Frisco ($169k), Armstrong Cooper Basketball Inc ($169k) and Woolridge Athletic Association ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. At year end it held assets of $134k against liabilities of $600, net assets of $134k.