Princeton Soccer Academy NJ

Analysis

Princeton Soccer Academy NJ is a registered charity in United States, based in Randolph, NJ. It received its IRS tax-exemption ruling in August 2021, 5 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, Princeton Soccer Academy NJ reported income of $55k and spending of $21k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $55k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 32% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Princeton Soccer Academy NJ sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Wicker Park Advisory Council ($55k), Sonshine Gymnastics Booster Club Inc ($55k) and Stow Travel Basketball ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $94k against liabilities of $11k, net assets of $83k.