Morristown Wildcats Football Club Inc

Analysis

Morristown Wildcats Football Club Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in July 2009, 17 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, Morristown Wildcats Football Club Inc reported income of $126k and spending of $97k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $126k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morristown Wildcats Football Club Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Cal Elite Soccer Club ($126k), Arlington Southeast Little League ($126k) and United States Bowling Congress Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.