Wyo Complex

Analysis

Wyo Complex is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in October 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, Wyo Complex reported income of $19.0m and spending of $262k, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $3.0m to $19.0m (+533%), an average of +533% a year. The sharpest change came in the year to December 2023, when income rose by 533%. Over the whole period it spent 1.3% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wyo Complex sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 99th percentile within WY. Charities of a similar size with the same main cause include USA Basketball ($18.9m), United States Ski Team Foundation ($19.0m) and Lift for Life Academy Inc ($18.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. It paid $100k in professional fundraising fees. At year end it held assets of $21.7m against liabilities of $448, net assets of $21.7m.