Waverly-Shell Rock Boys Basketball Club

Analysis

Waverly-Shell Rock Boys Basketball Club is a registered charity in United States, based in Waverly, IA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Waverly-Shell Rock Boys Basketball Club reported income of $87k and spending of $80k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $90k to $87k (-4.1%), an average of -4.1% a year. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Waverly-Shell Rock Boys Basketball Club sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IA. Charities of a similar size with the same main cause include Hearts That Hope USA ($87k), Golden Eagle Wrestling Club of Colorado ($87k) and Wartburg Boys and Girls Club Inc ($87k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 56% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.