Verona Boys Wildcat Basketball Club

Analysis

Verona Boys Wildcat Basketball Club is a registered charity in United States, based in Verona, WI. It received its IRS tax-exemption ruling in March 2011, 15 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 June 2024, Verona Boys Wildcat Basketball Club reported income of $73k and spending of $72k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $67k to $73k (+9.1%), an average of +9.1% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Verona Boys Wildcat Basketball Club sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WI. Charities of a similar size with the same main cause include High Desert Devo Inc ($73k), Stanwood Camano Youth Soccer Club ($73k) and Miracle League of Dubuque ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.2% and program service revenue 31% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.