Sparta Soccer Club Inc

Analysis

Sparta Soccer Club Inc is a registered charity in United States, based in Sparta, NJ. It received its IRS tax-exemption ruling in December 1995, 31 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, Sparta Soccer Club Inc reported income of $71k and spending of $104k, spending 146% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $105k to $71k (-32%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 38%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sparta Soccer Club Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Desert Hills Football Booster Club ($71k), Baystate Instructional Football Camp Inc ($71k) and DC Multisport Inc ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.