Lake Wylie Athletic Association Inc

Analysis

Lake Wylie Athletic Association Inc is a registered charity in United States, based in Clover, SC. It received its IRS tax-exemption ruling in August 2009, 17 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 July 2024, Lake Wylie Athletic Association Inc reported income of $478k and spending of $472k, spending 99% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $214k to $478k (+123%), an average of +31% a year. The sharpest change came in the year to July 2023, when income rose by 56%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Wylie Athletic Association Inc 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 SC. Charities of a similar size with the same main cause include Casco Bay Arena Inc ($478k), Relax Collections LLC ($478k) and Magic City Enterprises Foundation ($478k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.