Piscataway Soccer Club

Analysis

Piscataway Soccer Club is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in July 2002, 24 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 2023, Piscataway Soccer Club reported income of $261k and spending of $280k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $238k to $261k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Piscataway Soccer Club sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Richfield Youth Baseball and Softball Association Inc ($261k), North Hunterdon Youth Baseball ($261k) and Porter Ridge Atheltic Association ($261k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.