Verona Youth Softball Incorporated

Analysis

Verona Youth Softball Incorporated is a registered charity in United States, based in Verona, WI. It received its IRS tax-exemption ruling in August 2020, 6 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, Verona Youth Softball Incorporated reported income of $167k and spending of $129k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $167k (+188%), an average of +188% a year. The sharpest change came in the year to December 2023, when income rose by 188%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Verona Youth Softball Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Friends of Miami Tennis Inc ($167k), Bourbonnais Braves ($167k) and Fruitland Falcons Football Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.