Hazlet United Soccer Association Inc

Analysis

Hazlet United Soccer Association Inc is a registered charity in United States, based in Hazlet, NJ. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2023, Hazlet United Soccer Association Inc reported income of $200k and spending of $205k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $194k to $200k (+2.7%), an average of +2.7% a year. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hazlet United Soccer Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Pasadena Figure Skating Club ($200k), Ponchatoula Youth Baseball and Softball ($200k) and Elite Alliance Volleyball Club ($199k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.