Wiregrass Kings Corporation

Analysis

Wiregrass Kings Corporation is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in July 2017, 9 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 December 2023, Wiregrass Kings Corporation reported income of $88k and spending of $83k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $88k (+21%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wiregrass Kings Corporation 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 33rd percentile within AL. Charities of a similar size with the same main cause include Concord Sailing Center Inc ($88k), Big Lake Baseball Association ($88k) and Missouri Wrestling Foundation ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.