Wawasee Community Summer League

Analysis

Wawasee Community Summer League is a registered charity in United States, based in North Webster, IN. It received its IRS tax-exemption ruling in May 1998, 28 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, Wawasee Community Summer League reported income of $98k and spending of $61k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $98k (+121%), an average of +121% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wawasee Community Summer League sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include North Shore Colts Athletic Association Ltd ($98k), North Carolina Warriors Ice Hockey Program ($98k) and Walton-Verona Youth Footballassociation Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.