James Wood Athletic Association

Analysis

James Wood Athletic Association is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in February 1976, 50 years ago. 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 June 2023, James Wood Athletic Association reported income of $124k and spending of $90k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $93k to $124k (+33%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James Wood Athletic Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Fairport Harbor Historical Society ($124k), South Carolina Congress of Parents and Teachers ($124k) and Operation Firing for Effect ($124k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.