NJ Venom Softball Inc

Analysis

NJ Venom Softball Inc is a registered charity in United States, based in Bridgewater, NJ. It received its IRS tax-exemption ruling in December 2013, 13 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, NJ Venom Softball Inc reported income of $173k and spending of $115k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $173k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, NJ Venom Softball Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Sports Leader ($173k), Sunnyvale Raiders Youth Sports Association ($173k) and Radnor Crew Club Inc ($173k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.