Waverly Softball Association Inc

Analysis

Waverly Softball Association Inc is a registered charity in United States, based in Waverly, IA. It received its IRS tax-exemption ruling in July 2011, 15 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, Waverly Softball Association Inc reported income of $219k and spending of $216k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $248k to $219k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waverly Softball Association Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Buzz Lightning Baseball Academy Inc ($219k), Junior Swamp Bats ($219k) and Fifty Vanderbilt Foundation Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.