Hopatcong Hawks Soccer Club Inc

Analysis

Hopatcong Hawks Soccer Club Inc is a registered charity in United States, based in Hopatcong, NJ. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Hopatcong Hawks Soccer Club Inc reported income of $92k and spending of $103k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $92k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hopatcong Hawks Soccer Club Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Little League Baseball Inc ($92k), Pirate Youth Athletic Association Inc ($92k) and Pine-Richland Crew ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.