Waverly Heat Softball Inc

Analysis

Waverly Heat Softball Inc is a registered charity in United States, based in Waverly, NE. It received its IRS tax-exemption ruling in March 2000, 26 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, Waverly Heat Softball Inc reported income of $80k and spending of $87k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $80k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waverly Heat Softball Inc 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 NE. Charities of a similar size with the same main cause include Pasadena Casting Club Inc ($80k), Annapolis Naval Sailing Assocation Inc ($80k) and Hillgrove Girls Lacrosse Booster Club ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.7% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.