Wenatchee Valley Tread

Analysis

Wenatchee Valley Tread is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in January 2018, 8 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 December 2023, Wenatchee Valley Tread reported income of $814k and spending of $567k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $358k to $814k (+128%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wenatchee Valley Tread sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include Washington County Agricultural Society ($814k), The Childrens Life-Saving Foundation ($815k) and Menard County Fair ($813k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (14% of expenses). Other salaries and wages came to $198k. At year end it held assets of $484k against liabilities of $0, net assets of $484k. It reported 5 employees.