Arsenal Soccer of N J a N J Nonprofit Corp

Analysis

Arsenal Soccer of N J a N J Nonprofit Corp is a registered charity in United States, based in Emerson, NJ. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Arsenal Soccer of N J a N J Nonprofit Corp reported income of $143k and spending of $156k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $145k to $143k (-1.6%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Arsenal Soccer of N J a N J Nonprofit Corp sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include JBHS Baseball Boosters Incorporated ($143k), Redwood Sport Boosters Inc ($143k) and Clovis Future Farmers of America Boosters ($143k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.