Wolfeboro Singletrack Alliance

Analysis

Wolfeboro Singletrack Alliance is a registered charity in United States, based in Wolfeboro FLS, NH. It received its IRS tax-exemption ruling in July 2019, 7 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, Wolfeboro Singletrack Alliance reported income of $113k and spending of $110k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $113k (+158%), an average of +158% a year. The sharpest change came in the year to December 2023, when income rose by 158%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wolfeboro Singletrack Alliance sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within NH. Charities of a similar size with the same main cause include In the Game Sports Inc ($113k), Paintsville Little League Inc ($113k) and The Greater Hulett Community Center Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.