Pequannock Soccer Club Inc

Analysis

Pequannock Soccer Club Inc is a registered charity in United States, based in Pequannock, NJ. It received its IRS tax-exemption ruling in April 1998, 28 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, Pequannock Soccer Club Inc reported income of $127k and spending of $102k, spending 80% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $162k to $127k (-22%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. 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, Pequannock Soccer Club Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Twinsburg Athletic Association of Twinsburg School District ($127k), Great Bridge Crew Club ($127k) and Team Green Running Inc ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $210k against liabilities of $0, net assets of $210k.