Middletown Soccer Club Inc

Analysis

Middletown Soccer Club Inc is a registered charity in United States, based in Middletown, NJ. It received its IRS tax-exemption ruling in May 2013, 13 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 2024, Middletown Soccer Club Inc reported income of $795k and spending of $762k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $449k to $795k (+77%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Middletown Soccer Club Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include East Hudson Youth Soccer League Inc ($794k), Fairbanks Youth Soccer Association ($795k) and Bailey Park Project ($794k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. At year end it held assets of $522k against liabilities of $121k, net assets of $401k.