Waverly Shell Rock Soccer Association

Analysis

Waverly Shell Rock Soccer Association is a registered charity in United States, based in Waverly, IA. It received its IRS tax-exemption ruling in March 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 December 2023, Waverly Shell Rock Soccer Association reported income of $90k and spending of $78k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $153k to $90k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waverly Shell Rock Soccer Association sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include West Clermont Youth Basketball Association Inc ($90k), Jamesville-Dewitt Youth Athletic Association Inc ($90k) and Pacesetter Aquatics Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $719k against liabilities of $56k, net assets of $663k.