Millburn Soccor Club Inc

Analysis

Millburn Soccor Club Inc is a registered charity in United States, based in Millburn, NJ. It received its IRS tax-exemption ruling in July 1996, 30 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Millburn Soccor Club Inc reported income of $967k and spending of $708k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $527k to $967k (+83%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Millburn Soccor Club Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Cochise County Fair Association ($966k), National Shooting League ($968k) and Cedar Valley Youth Soccer Association ($965k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1,670. At year end it held assets of $902k against liabilities of $0, net assets of $902k. It reported 1 employees.