Greater Waco Sports Commission

Analysis

Greater Waco Sports Commission is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Waco Sports Commission reported income of $482k and spending of $371k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $482k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Waco Sports Commission sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Southern Maine Community Recreation Center ($482k), Derivera Park Trustees ($482k) and Florida Fishing Academy Inc ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $123k (33% of expenses). At year end it held assets of $606k against liabilities of $9,879, net assets of $596k. It reported 4 employees.