World Team Sports

Analysis

World Team Sports is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in October 1993, 33 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, World Team Sports reported income of $877k and spending of $832k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $899k to $877k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, World Team Sports sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Camp Del Corazon ($877k), Alabama Youth Soccer Association ($877k) and West University Softball Association ($877k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $132k (16% of expenses). Other salaries and wages came to $157k. At year end it held assets of $303k against liabilities of $212k, net assets of $92k. It reported 4 employees.