Wood River Community Centennial Foundation

Analysis

Wood River Community Centennial Foundation is a registered charity in United States, based in Wood River, NE. It received its IRS tax-exemption ruling in July 2001, 25 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, Wood River Community Centennial Foundation reported income of $294k and spending of $206k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $688k to $294k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 450%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wood River Community Centennial Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NE. Charities of a similar size with the same main cause include Augusta County Fair ($294k), Lake Nona Youth Sports Inc ($294k) and Keystone Athletic Team Supporters Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $880k against liabilities of $0, net assets of $880k.