Team Webster Skating Assn Inc

Analysis

Team Webster Skating Assn Inc is a registered charity in United States, based in Webster GRVS, MO. It received its IRS tax-exemption ruling in May 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 May 2024, Team Webster Skating Assn Inc reported income of $572k and spending of $564k, spending 99% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $555k to $572k (+3.1%), an average of +0.6% a year. The sharpest change came in the year to May 2022, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Webster Skating Assn Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Splash Club Inc ($572k), Colorado Canyons Association ($573k) and Yorktown Youth Soccer Club Corp ($571k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.5% and program service revenue 88% of the total. Other salaries and wages came to $138k. At year end it held assets of $239k against liabilities of $657, net assets of $239k. It reported 8 employees.