Wizards Sports Club

Analysis

Wizards Sports Club is a registered charity in United States, based in Cedar Grove, NJ. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Wizards Sports Club reported income of $106k and spending of $100k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $171k to $106k (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wizards Sports Club sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Sonward Youth Programs ($106k), Glades Youth Connection Inc ($106k) and Illustrious Angels Youth and Family Services ($106k).

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 $10k against liabilities of $0, net assets of $10k.