Texas Wind Athletics

Analysis

Texas Wind Athletics is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in November 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, Texas Wind Athletics reported income of $475k and spending of $479k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $140k to $475k (+240%), an average of +240% a year. The sharpest change came in the year to June 2024, when income rose by 240%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Texas Wind Athletics sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include USA Swimming Inc ($475k), New England Equitation Championships Inc ($475k) and Outreach with Lacrosse & Schools ($475k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.