South Wake Sabres

Analysis

South Wake Sabres is a registered charity in United States, based in Lillington, NC. It received its IRS tax-exemption ruling in March 2015, 11 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 June 2024, South Wake Sabres reported income of $80k and spending of $75k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $60k to $80k (+33%), an average of +33% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Wake Sabres sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Mukwonago Tribe Baseball Club Inc ($80k), Voice in the Wilderness Inc ($80k) and Madisonville Tradewater Pirates LLC ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 10% of the total. At year end it held assets of $5,644 against liabilities of $0, net assets of $5,644.