Glen Rock Soccer Club

Analysis

Glen Rock Soccer Club is a registered charity in United States, based in Glen Rock, NJ. It received its IRS tax-exemption ruling in January 1973, 53 years ago. 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, Glen Rock Soccer Club reported income of $265k and spending of $270k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $265k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glen Rock Soccer Club sits at the 58th percentile: it is larger than about 58% 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 PTA Texas Congress ($265k), Jain Center of Greater Boston ($265k) and Society of Senior Ford Fellows ($265k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $168k against liabilities of $0, net assets of $168k.