Monroe Township Soccer Club Inc

Analysis

Monroe Township Soccer Club Inc is a registered charity in United States, based in Monroe TWP, NJ. It received its IRS tax-exemption ruling in January 2013, 13 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 May 2024, Monroe Township Soccer Club Inc reported income of $792k and spending of $601k, leaving 24% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $366k to $792k (+116%), an average of +21% a year. The sharpest change came in the year to May 2022, when income rose by 84%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Monroe Township Soccer Club Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Whatcom Mountain Bike Coalition ($791k), Columbia Swim Club ($792k) and Oregon Hunters Association ($791k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $569k against liabilities of $0, net assets of $569k.