Newark Soccer Club Inc

Analysis

Newark Soccer Club Inc is a registered charity in United States, based in Newark, CA. It received its IRS tax-exemption ruling in March 1980, 46 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, Newark Soccer Club Inc reported income of $2.0m and spending of $1.6m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $837k to $2.0m (+133%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newark Soccer Club Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Lincoln County Fair Inc ($1.9m), Koa Sports League Inc ($2.0m) and Mission Trails Regional Park Foundation Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 9 employees.