New Jersey Soccer Association Inc

Analysis

New Jersey Soccer Association Inc is a registered charity in United States, based in S Plainfield, NJ. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2022, New Jersey Soccer Association Inc reported income of $155k and spending of $222k, spending 144% of what it took in. Across the 4 years on record, from August 2019 to August 2022, income fell from $293k to $155k (-47%), an average of -19% a year. The sharpest change came in the year to August 2020, when income dropped by 51%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Jersey Soccer Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Moon Area Soccer Association Masa ($155k), NW Rampage ($155k) and Rochester Edge Girls Hockey Inc ($155k).

On its Form 990 for the period ending August 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $35k (16% of expenses). Other salaries and wages came to $23k. At year end it held assets of $155k against liabilities of $11k, net assets of $144k. It reported 2 employees.