Wildcats Athletic Club Inc

Analysis

Wildcats Athletic Club Inc is a registered charity in United States, based in King, NC. It received its IRS tax-exemption ruling in June 2014, 12 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 2024, Wildcats Athletic Club Inc reported income of $106k and spending of $132k, spending 124% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $203k to $106k (-48%), an average of -48% a year. The sharpest change came in the year to June 2024, when income dropped by 48%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wildcats Athletic 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 36th percentile within NC. Charities of a similar size with the same main cause include Greater Indianapolis Waterfront Center Corp ($106k), Ashburn Soccer Club Inc ($106k) and Blue Mountain Quarter Midget Assoc Inc ($106k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $11k against liabilities of $6,360, net assets of $4,395.