Woodstown Pirates

Analysis

Woodstown Pirates is a registered charity in United States, based in Woodstown, NJ. It received its IRS tax-exemption ruling in March 2018, 8 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, Woodstown Pirates reported income of $88k and spending of $94k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $88k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Woodstown Pirates sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Cascade Crest 100 Mile Endurance Run ($88k), Grand Rapids Junior Sailing Association ($88k) and Louisville Superior Baseball Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 75% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.