Waterloo Valley Recreational Association Inc

Analysis

Waterloo Valley Recreational Association Inc is a registered charity in United States, based in Waterloo, NE. It received its IRS tax-exemption ruling in July 2010, 16 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 December 2023, Waterloo Valley Recreational Association Inc reported income of $56k and spending of $58k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $56k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. 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, Waterloo Valley Recreational Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within NE. Charities of a similar size with the same main cause include Bearcat Wrestling Club Inc ($56k), Randy Custis Memorial Fund ($56k) and Hughson United Soccer League ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 20% of the total. At year end it held assets of $7,363 against liabilities of $0, net assets of $7,363.