Wave Baseball of Northwest Florida Inc

Analysis

Wave Baseball of Northwest Florida Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Wave Baseball of Northwest Florida Inc reported income of $200k and spending of $183k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $158k to $200k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wave Baseball of Northwest Florida Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Centerville Hustle Basketball Club Inc ($200k), Goldies Youth Sports ($200k) and Breckinridge County Community Center Inc ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 7.7% of the total. At year end it held assets of $24k against liabilities of $132, net assets of $24k.