Wesson Athletic Foundation Inc

Analysis

Wesson Athletic Foundation Inc is a registered charity in United States, based in Wesson, MS. It received its IRS tax-exemption ruling in September 2007, 19 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, Wesson Athletic Foundation Inc reported income of $82k and spending of $76k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $82k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wesson Athletic Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within MS. Charities of a similar size with the same main cause include Bellingham Youth Basketball Association ($82k), Vermont Mountain Bike Advocate Inc ($82k) and Children with Cancer of Sheboygan County ($82k).

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 $76k against liabilities of $0, net assets of $76k.