Mahwah Raiders Soccer Club Inc

Analysis

Mahwah Raiders Soccer Club Inc is a registered charity in United States, based in Rochelle Park, NJ. It received its IRS tax-exemption ruling in October 1997, 29 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, Mahwah Raiders Soccer Club Inc reported income of $224k and spending of $302k, spending 134% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $241k to $224k (-6.8%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mahwah Raiders Soccer Club Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Delaware Rough Riders Hockey Club ($224k), Sevier County Fair Association ($225k) and Bridge City Little League Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $84k against liabilities of $450, net assets of $84k.