Willamette Valley Soaring Club Inc

Analysis

Willamette Valley Soaring Club Inc is a registered charity in United States, based in Aloha, OR. It received its IRS tax-exemption ruling in March 1996, 30 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, Willamette Valley Soaring Club Inc reported income of $179k and spending of $223k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $248k to $179k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Willamette Valley Soaring Club Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OR. Charities of a similar size with the same main cause include Goals Foundation ($179k), West Chester Girls Softball Association ($179k) and Mount Laurel Girls Softball ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $198k against liabilities of $16k, net assets of $182k.