Morris County Youth Soccer Association

Analysis

Morris County Youth Soccer Association is a registered charity in United States, based in Randolph, NJ. It received its IRS tax-exemption ruling in January 2006, 20 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 July 2024, Morris County Youth Soccer Association reported income of $120k and spending of $130k, spending 109% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $134k to $120k (-10%), an average of -2.2% a year. The sharpest change came in the year to July 2020, when income dropped by 45%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morris County Youth Soccer Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Bloomington Blades Youth Hockey Association ($120k), Liberty Hill Cheer Boosters ($120k) and Chicopee Galaxy Youth Athletic Association ($120k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $313k against liabilities of $0, net assets of $313k.