Wolverine Youth Soccer Inc

Analysis

Wolverine Youth Soccer Inc is a registered charity in United States, based in Westwood, MA. It received its IRS tax-exemption ruling in May 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 June 2024, Wolverine Youth Soccer Inc reported income of $428k and spending of $354k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $76k to $428k (+462%), an average of +54% a year. The sharpest change came in the year to June 2021, when income rose by 170%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wolverine Youth Soccer Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Noblesville Swim Club ($428k), Simsbury Youth Hockey Association Inc ($428k) and Festiv-All Charleston West Virginia Inc ($428k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $20k (5.7% of expenses). At year end it held assets of $422k against liabilities of $0, net assets of $422k.