Webfooter Water Shows Inc

Analysis

Webfooter Water Shows Inc is a registered charity in United States, based in Fremont, WI. It received its IRS tax-exemption ruling in November 1999, 27 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, Webfooter Water Shows Inc reported income of $131k and spending of $144k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $164k to $131k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Webfooter Water Shows Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include Nazca Sport Club Inc ($131k), Illinois Ultimate ($131k) and Air Race Classic Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $588k against liabilities of $0, net assets of $588k.