We Got Next Sports Inc

Analysis

We Got Next Sports Inc is a registered charity in United States, based in Bronx, NY. 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 July 2023, We Got Next Sports Inc reported income of $66k and spending of $55k, spending 83% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $77k to $66k (-14%), an average of -14% a year. 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, We Got Next Sports Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include North End Youth Organization Inc ($66k), Youth Bowler Tour Inc ($66k) and Dover Eagle Athletic Booster Club ($66k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $16k against liabilities of $8,985, net assets of $7,318.