Wyco 307

Analysis

Wyco 307 is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in April 2022, 4 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 August 2023, Wyco 307 reported income of $127k and spending of $109k, spending 85% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $85k to $127k (+50%), an average of +50% a year. The sharpest change came in the year to August 2023, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wyco 307 sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within WY. Charities of a similar size with the same main cause include Terra Cotta Golf Charities Inc ($127k), Monroe Youth League Inc ($127k) and Cougar Summer Baseball ($127k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.