Wakefield Youth Football Club Inc

Analysis

Wakefield Youth Football Club Inc is a registered charity in United States, based in Wakefield, MA. It received its IRS tax-exemption ruling in July 2018, 8 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, Wakefield Youth Football Club Inc reported income of $108k and spending of $101k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $108k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wakefield Youth Football Club Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Wavetrain Kayak Team Inc ($108k), Triangle Figure Skating Club ($108k) and New Franklin Community Association Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 45% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.