Monmouth United Soccer Club Inc

Analysis

Monmouth United Soccer Club Inc is a registered charity in United States, based in Middletown, NJ. It received its IRS tax-exemption ruling in February 2017, 9 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, Monmouth United Soccer Club Inc reported income of $542k and spending of $412k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $542k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Monmouth United Soccer Club Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Arlington County Fair Inc ($541k), Charlotte County Fair Association Inc ($542k) and Hyas Inspires ($541k).

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 $346k against liabilities of $0, net assets of $346k.