Weston Explosion

Analysis

Weston Explosion is a registered charity in United States, based in Weston, FL. 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 September 2023, Weston Explosion reported income of $329k and spending of $306k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $208k to $329k (+58%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 70%. 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, Weston Explosion sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Liberty Elite Volleyball Club ($329k), Long Beach Shore Aquatics Inc ($329k) and Novi Youth Hockey Association Inc ($328k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 74% of the total. At year end it held assets of $109k against liabilities of $7,209, net assets of $101k.