Chatham Football Club Inc

Analysis

Chatham Football Club Inc is a registered charity in United States, based in Chatham, NJ. It received its IRS tax-exemption ruling in January 2015, 11 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, Chatham Football Club Inc reported income of $98k and spending of $100k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $98k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 120% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chatham Football Club Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Little League Baseball Inc ($98k), Myto Field Hockey Inc ($98k) and Bella Vista Football Booster Club ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. At year end it held assets of $19k against liabilities of $8,881, net assets of $10k.