Fryeburg Recreation Department Inc

Analysis

Fryeburg Recreation Department Inc is a registered charity in United States, based in Fryeburg, ME. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fryeburg Recreation Department Inc reported income of $381k and spending of $284k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $381k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fryeburg Recreation Department Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 61st percentile within ME. Charities of a similar size with the same main cause include South Carolina High School Rodeo Association ($381k), Mountain Road Soccer ($381k) and Sanitarium Playgrounds of New Jersey Inc ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 23% of the total. At year end it held assets of $2.5m against liabilities of $53k, net assets of $2.4m.