Weight Buffet

Analysis

Weight Buffet is a registered charity in United States, based in Benkelman, NE. It received its IRS tax-exemption ruling in June 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, Weight Buffet reported income of $51k and spending of $37k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $51k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Weight Buffet sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within NE. Charities of a similar size with the same main cause include Shaler Area Football Boosters Association ($51k), New Castle Henry County Youth Baseball League Inc ($51k) and Youth Shooting Sports Funding Foundation ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 13% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.