Wakefield Crew Boosters

Analysis

Wakefield Crew Boosters is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in October 2015, 11 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 July 2024, Wakefield Crew Boosters reported income of $183k and spending of $215k, spending 117% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income fell from $227k to $183k (-19%), an average of -10% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wakefield Crew Boosters sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Colorado Basketball Club ($183k), Milford Area Swim Team ($183k) and Matsu Ski and Snowboard Club ($183k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 60% and program service revenue 31% of the total. At year end it held assets of $114k against liabilities of $29k, net assets of $84k.