B&b United Soccer Club

Analysis

B&b United Soccer Club is a registered charity in United States, based in Pequannock, NJ. It received its IRS tax-exemption ruling in October 2012, 14 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, B&b United Soccer Club reported income of $72k and spending of $79k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $72k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, B&b United Soccer Club sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Manchester As Baseball Inc ($72k), Sherman Oaks Extreme Soccer Club Corp ($72k) and Riverside Youth Football League Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 92% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.