Wisconsin Scholastic Chess Federation

Analysis

Wisconsin Scholastic Chess Federation is a registered charity in United States, based in Mequon, WI. It received its IRS tax-exemption ruling in October 2004, 22 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 June 2023, Wisconsin Scholastic Chess Federation reported income of $97k and spending of $104k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $26k to $97k (+269%), an average of +269% a year. The sharpest change came in the year to June 2023, when income rose by 269%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wisconsin Scholastic Chess Federation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Club 420 Association Inc ($97k), Canyon High School Girls Soccer Booster Club ($97k) and Jim White Community Fitness Foundation ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 7.4% and program service revenue 93% of the total. At year end it held assets of $6,943 against liabilities of $1,461, net assets of $5,482.