Fast Wizards Softball

Analysis

Fast Wizards Softball is a registered charity in United States, based in Holland, OH. It received its IRS tax-exemption ruling in February 2023, 3 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, Fast Wizards Softball reported income of $212k and spending of $208k, spending 98% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $588k to $212k (-64%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fast Wizards Softball sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Waterford Youth Football Booster Club ($212k), Bowling Green Swim Club ($212k) and Desert Diamonds Booster Association Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $13k. At year end it held assets of $206k against liabilities of $0, net assets of $206k.