Wells Football Foundation

Analysis

Wells Football Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 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, Wells Football Foundation reported income of $77k and spending of $69k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $77k (+13%), an average of +13% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wells Football Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within OR. Charities of a similar size with the same main cause include Pearl City Aquatics Club ($77k), Concord Bocce Federation ($77k) and Bridgewater Lacrosse Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 52% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.