Westonka Sports Association

Analysis

Westonka Sports Association is a registered charity in United States, based in Mound, MN. It received its IRS tax-exemption ruling in May 2001, 25 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 June 2024, Westonka Sports Association reported income of $531k and spending of $509k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $397k to $531k (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 20%. 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, Westonka Sports Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Union County Fair Assn ($531k), Northside Youth Lacrosse ($531k) and Ignite Volleyball Academy ($530k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.4% and program service revenue 76% of the total. Other salaries and wages came to $92k. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.