Waco Warriors Sports Foundation

Analysis

Waco Warriors Sports Foundation is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in April 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 (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, Waco Warriors Sports Foundation reported income of $5.8m and spending of $281k, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.8m to $5.8m (+103%), an average of +103% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 5.0% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waco Warriors Sports Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Mountain View Los Altos Soccer Club ($5.7m), The United States Olympic and Paralympic Endowment ($5.8m) and Higher Ground USA Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $88k. At year end it held assets of $7.9m against liabilities of $2,970, net assets of $7.9m. It reported 4 employees.