Friends of Soccer Inc

Analysis

Friends of Soccer Inc is a registered charity in United States, based in Bayville, NJ. It received its IRS tax-exemption ruling in June 2022, 4 years ago. 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 July 2024, Friends of Soccer Inc reported income of $494k and spending of $452k, spending 91% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $488k to $494k (+1.4%), an average of +0.7% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Soccer Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include D a L E Inc ($494k), Habitat for Humanity International Inc ($494k) and NCR of Castleton Housing Development Fund Co Inc ($494k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.