Wells Ogunquit Youth Football and Cheering Association

Analysis

Wells Ogunquit Youth Football and Cheering Association is a registered charity in United States, based in Wells, ME. It received its IRS tax-exemption ruling in September 2012, 14 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 December 2023, Wells Ogunquit Youth Football and Cheering Association reported income of $91k and spending of $67k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $91k (+6.5%), an average of +6.5% a year. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wells Ogunquit Youth Football and Cheering Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 27th percentile within ME. Charities of a similar size with the same main cause include Shelbyville Area Community Foundation ($90k), Hampstead Lions Baseball & Softball Association Inc ($91k) and North Penn Athletic Association Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.