Waunakee Hoops Club Inc

Analysis

Waunakee Hoops Club Inc is a registered charity in United States, based in Waunakee, WI. It received its IRS tax-exemption ruling in October 2014, 12 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, Waunakee Hoops Club Inc reported income of $137k and spending of $121k, spending 88% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $89k to $137k (+54%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waunakee Hoops Club Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within WI. Charities of a similar size with the same main cause include New York Hota Sport Club Inc ($137k), Hockey Limited From the Wild Rapids of Minnesota ($137k) and Washington Off-Highway Vehicle Alliance ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 60% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.