Williamsburg Starz Gold

Analysis

Williamsburg Starz Gold is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in February 2016, 10 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, Williamsburg Starz Gold reported income of $522k and spending of $474k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $522k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Williamsburg Starz Gold 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 71st percentile within VA. Charities of a similar size with the same main cause include Helena Youth Soccer Association Inc ($522k), Pace Athletic and Recreation Association Inc ($522k) and North American Gay Volleyball Association ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $120k (25% of expenses). At year end it held assets of $253k against liabilities of $0, net assets of $253k.