Wolves Athletic Association

Analysis

Wolves Athletic Association is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 1993, 33 years ago. 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 2023, Wolves Athletic Association reported income of $963k and spending of $929k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $711k to $963k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wolves Athletic Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Columbus Japanese Language School ($963k), Shakopee Valey Amateur Hockey Inc ($963k) and Florida Academy of Family Physicians Foundation Inc ($963k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 36% of the total. At year end it held assets of $574k against liabilities of $0, net assets of $574k.