Newton United Soccer Club

Analysis

Newton United Soccer Club is a registered charity in United States, based in Andover, NJ. It received its IRS tax-exemption ruling in February 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Newton United Soccer Club reported income of $83k and spending of $78k, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $69k to $83k (+21%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newton United Soccer Club sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Ehs Tiger Baseball Booster Club ($83k), Twirling Sweet Sensations ($83k) and Premier Baseball Travel League Inc ($83k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.