North Wake Saints

Analysis

North Wake Saints is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Wake Saints reported income of $99k and spending of $98k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $99k (+1.7%), an average of +1.7% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Wake Saints sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Northern New Mexico Education- Sports Alliance Inc ($99k), BBC Denver Inc ($99k) and Kenmore Community Club ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $1,705 against liabilities of $0, net assets of $1,705.