Wall Soccer Club Inc

Analysis

Wall Soccer Club Inc is a registered charity in United States, based in Wall, NJ. It received its IRS tax-exemption ruling in February 1976, 50 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 December 2023, Wall Soccer Club Inc reported income of $386k and spending of $303k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $434k to $386k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wall Soccer Club Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Rohnert Park Babe Ruth Baseball League ($386k), Mudratz Incorporated ($386k) and Village Harmony ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 91% of the total. At year end it held assets of $829k against liabilities of $145k, net assets of $684k.