Wood County Sports Association Inc
Analysis
Wood County Sports Association Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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, Wood County Sports Association Inc reported income of $79k and spending of $78k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $79k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 103% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wood County Sports Association Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within WV. Charities of a similar size with the same main cause include Garden of Eden Preservation Society Inc ($79k), Jamie & Darcy Morris Foundation Inc ($79k) and Bread of Life Center for Peace Heavenly Presents Inc ($79k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 35% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Program services 35%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Garden of Eden Preservation Society Inc | Galesville | $79k |
| Jamie & Darcy Morris Foundation Inc | Cedartown | $79k |
| Bread of Life Center for Peace Heavenly Presents Inc | Leonardtown | $79k |
| Medford Ski Education Foundation | Ashland | $79k |