Wabash Valley Family Sports Center Inc

Analysis

Wabash Valley Family Sports Center Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in August 1982, 44 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, Wabash Valley Family Sports Center Inc reported income of $383k and spending of $511k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $310k to $383k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wabash Valley Family Sports Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Frederick Area Swim Team Inc ($383k), Masconomet Youth Hockey Association Inc ($383k) and Jam Hops Gymnastics Booster Club ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $53k (10% of expenses). Other salaries and wages came to $90k. At year end it held assets of $1.1m against liabilities of $5,179, net assets of $1.1m. It reported 13 employees.