Kinnelon Soccer Club Inc Kathleen G Tabor

Analysis

Kinnelon Soccer Club Inc Kathleen G Tabor is a registered charity in United States, based in Kinnelon, 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 June 2024, Kinnelon Soccer Club Inc Kathleen G Tabor reported income of $123k and spending of $113k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $163k to $123k (-25%), an average of -24% a year. The sharpest change came in the year to June 2024, when income dropped by 25%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kinnelon Soccer Club Inc Kathleen G Tabor sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Lancer Lacrosse Inc ($123k), Little League Baseball Inc ($123k) and Chagrin Athletic Association ($123k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.4% of the total. At year end it held assets of $201k against liabilities of $23k, net assets of $178k.