Sorrento-Sullivan Recreation Center

Analysis

Sorrento-Sullivan Recreation Center is a registered charity in United States, based in Sullivan, ME. It received its IRS tax-exemption ruling in July 1960, 66 years ago. 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 July 2024, Sorrento-Sullivan Recreation Center reported income of $106k and spending of $116k, spending 109% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $117k to $106k (-9.6%), an average of -9.6% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sorrento-Sullivan Recreation Center sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 32nd percentile within ME. Charities of a similar size with the same main cause include New Life Center United Pentecostal Church ($106k), Road Runners Club of America ($106k) and Friends of LA Jolla Branch Library ($106k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 21% and program service revenue 24% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.