Western Branch Athletic Club

Analysis

Western Branch Athletic Club is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in November 2013, 13 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, Western Branch Athletic Club reported income of $118k and spending of $132k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $118k to $118k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Western Branch Athletic Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Mandan Marlins Swim Club ($118k), Albemarle High School Crew Boosters ($118k) and Cherry Creek Diamond Club Inc ($118k).

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 $35k against liabilities of $0, net assets of $35k.