Wesley Chapel Athletic Association Inc

Analysis

Wesley Chapel Athletic Association Inc is a registered charity in United States, based in Wesley Chapel, FL. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wesley Chapel Athletic Association Inc reported income of $570k and spending of $775k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $570k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wesley Chapel Athletic Association Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Stevens Pass Alpine Club ($570k), St Paul Capitals Hockey Association ($570k) and Massillon Tiger Football Booster Club Inc ($569k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $473k against liabilities of $128k, net assets of $345k.