Wasatch Thunder Youth Athletics Inc

Analysis

Wasatch Thunder Youth Athletics Inc is a registered charity in United States, based in Kaysville, UT. It received its IRS tax-exemption ruling in February 2000, 26 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, Wasatch Thunder Youth Athletics Inc reported income of $2.0m and spending of $1.6m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+91%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wasatch Thunder Youth Athletics Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within UT. Charities of a similar size with the same main cause include Downs & Martin Childrens Services ($2.0m), Greater San Antonio After-School All Stars ($2.1m) and Community Skating Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $489k (30% of expenses). At year end it held assets of $2.4m against liabilities of $1.0m, net assets of $1.4m. It reported 16 employees.