Next Level Soccer Academy Inc

Analysis

Next Level Soccer Academy Inc is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Next Level Soccer Academy Inc reported income of $1.5m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $612k to $1.5m (+138%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Next Level Soccer Academy Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Anoka Ramsey Athletic Association ($1.5m), Cap City Athletic 1847 ($1.5m) and St Joseph County Grange Fair Assoc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Other salaries and wages came to $632k. At year end it held assets of $661k against liabilities of $19k, net assets of $641k. It reported 61 employees.