Norwell Soccer Association Incorporated

Analysis

Norwell Soccer Association Incorporated is a registered charity in United States, based in Norwell, MA. It received its IRS tax-exemption ruling in June 2021, 5 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 June 2023, Norwell Soccer Association Incorporated reported income of $162k and spending of $159k, spending 98% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $134k to $162k (+21%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Norwell Soccer Association Incorporated sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include White Mountain Road Club Inc ($162k), Little League Baseball Inc ($162k) and Palms to Pines Parasports ($162k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.