WV Thunder Inc

Analysis

WV Thunder Inc is a registered charity in United States, based in S Charleston, WV. It received its IRS tax-exemption ruling in November 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, WV Thunder Inc reported income of $92k and spending of $91k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $92k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. 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, WV Thunder Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within WV. Charities of a similar size with the same main cause include Carson Futbol Club ($92k), San Jose Judo Inc ($92k) and The Mentors Forum ($92k).

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 $1,900 against liabilities of $0, net assets of $1,900.