Doc Wayne Youth Services Inc

Analysis

Doc Wayne Youth Services Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Doc Wayne Youth Services Inc reported income of $2.8m and spending of $3.1m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $947k to $2.8m (+197%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Doc Wayne Youth Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Illinois Youth Soccer Assocn Inc ($2.8m), North American Prospect Hockey League ($2.8m) and Twin Cities Junior Golf Program ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $193k (6.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.0m against liabilities of $1.2m, net assets of $774k.