Watchung Hills Soccer Association Inc

Analysis

Watchung Hills Soccer Association Inc is a registered charity in United States, based in Martinsville, NJ. It received its IRS tax-exemption ruling in February 2001, 25 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 June 2024, Watchung Hills Soccer Association Inc reported income of $544k and spending of $713k, spending 131% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $920k to $544k (-41%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 162%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Watchung Hills Soccer Association Inc sits at the 87th 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 Maplewood South Orange Soccer Club Inc ($544k), Hanover Aquatics Inc ($544k) and Soccer Association of Western Howard County Ltd ($544k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 96% of the total. Other salaries and wages came to $12k. At year end it held assets of $419k against liabilities of $0, net assets of $419k. It reported 2 employees.