Pewaukee Lake Water Ski Club Inc

Analysis

Pewaukee Lake Water Ski Club Inc is a registered charity in United States, based in Pewaukee, WI. It received its IRS tax-exemption ruling in November 2006, 20 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 October 2023, Pewaukee Lake Water Ski Club Inc reported income of $143k and spending of $81k, leaving 43% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $41k to $143k (+247%), an average of +247% a year. The sharpest change came in the year to October 2023, when income rose by 247%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pewaukee Lake Water Ski Club Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within WI. Charities of a similar size with the same main cause include Inland Valley Soccer League Inc ($143k), Team Jamaica Bickle Inc ($143k) and Andover Youth Lacrosse Inc ($143k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 6.9% and program service revenue 4.7% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.