Paran Recreations Inc

Analysis

Paran Recreations Inc is a registered charity in United States, based in N Bennington, VT. It received its IRS tax-exemption ruling in September 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, Paran Recreations Inc reported income of $248k and spending of $189k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $248k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Paran Recreations Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 49th percentile within VT. Charities of a similar size with the same main cause include Missoula Aquatic Club Inc ($248k), Soccer Academy of Merced Inc ($248k) and 4m Swim Club ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Other salaries and wages came to $90k. At year end it held assets of $583k against liabilities of $11k, net assets of $572k. It reported 15 employees.