US National Whitewater Center Inc

Analysis

US National Whitewater Center Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2001, 25 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 October 2023, US National Whitewater Center Inc reported income of $28.3m and spending of $24.0m, spending 85% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $21.6m to $28.3m (+31%), an average of +7.0% a year. The sharpest change came in the year to October 2021, when income rose by 61%. 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, US National Whitewater Center Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Legacy Cares Inc ($27.8m), Pga Tour First Tee Foundation Inc ($28.5m) and USA Gymnastics ($27.6m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.0% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $711k (3.0% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $67.9m against liabilities of $3.4m, net assets of $64.5m. It reported 1,101 employees.