Mt Laurel United Soccer Association Inc

Analysis

Mt Laurel United Soccer Association Inc is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in January 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 July 2023, Mt Laurel United Soccer Association Inc reported income of $523k and spending of $460k, spending 88% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $331k to $523k (+58%), an average of +16% a year. The sharpest change came in the year to July 2021, when income rose by 70%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mt Laurel United Soccer Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Adam Taliaferro Foundation Inc ($523k), Swell Events ($524k) and Papakolea Community Development Corporation ($523k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $10k (2.2% of expenses). Other salaries and wages came to $156k. At year end it held assets of $386k against liabilities of $0, net assets of $386k. It reported 49 employees.