Wakeboard Church Inc

Analysis

Wakeboard Church Inc is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Wakeboard Church Inc reported income of $133k and spending of $119k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $133k (+6.7%), an average of +6.7% a year. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wakeboard Church Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Mentor Missions Inc ($133k), New Hope Family Life Public Enterprise Center Inc ($133k) and The Creation Training Initiative Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.8% of the total. At year end it held assets of $108k against liabilities of $69k, net assets of $39k.