Morris United Soccer Club

Analysis

Morris United Soccer Club is a registered charity in United States, based in Morris Plains, NJ. It received its IRS tax-exemption ruling in April 2004, 22 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, Morris United Soccer Club reported income of $380k and spending of $338k, spending 89% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $358k to $380k (+6.2%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morris United Soccer Club sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Haddonfield Soccer Club Inc ($380k), Noble Trails Inc ($380k) and Washington County Fairground Inc ($380k).

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 $221k against liabilities of $0, net assets of $221k.