Greater Flemington Soccer Club Inc

Analysis

Greater Flemington Soccer Club Inc is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in January 1992, 34 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, Greater Flemington Soccer Club Inc reported income of $103k and spending of $68k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $719k to $103k (-86%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Flemington Soccer Club Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Clovis Sharks Inc ($103k), Pgyf ($103k) and Newport Harbor Sailing Foundation ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.