Wolverine Club

Analysis

Wolverine Club is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Wolverine Club reported income of $310k and spending of $309k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $178k to $310k (+75%), an average of +75% a year. The sharpest change came in the year to June 2024, when income rose by 75%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wolverine Club sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Handicapped High Riders Club ($310k), Juneau Douglas Ice Association ($310k) and Tucson Soaring Club Inc ($310k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.6% and program service revenue 88% of the total. At year end it held assets of $39k against liabilities of $3, net assets of $39k.