Water Ski Events LLC

Analysis

Water Ski Events LLC is a registered charity in United States, based in Evans, GA. It received its IRS tax-exemption ruling in December 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Water Ski Events LLC reported income of $86k and spending of $100k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $86k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Water Ski Events LLC sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include Fox River Bandits Baseball Club Inc ($86k), Powell Recreation Commission Inc ($86k) and National Black Golf Hall of Fame Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.