Collins-Perley Sport Center Inc

Analysis

Collins-Perley Sport Center Inc is a registered charity in United States, based in St Albans, VT. It received its IRS tax-exemption ruling in September 1997, 29 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 June 2023, Collins-Perley Sport Center Inc reported income of $619k and spending of $727k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $771k to $619k (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Collins-Perley Sport Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 70th percentile within VT. Charities of a similar size with the same main cause include Flagstaff Soccer Club ($619k), USA Surfing Inc ($619k) and Kirkwood Ski Education Foundation ($619k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 85% of the total. Other salaries and wages came to $208k. At year end it held assets of $1.2m against liabilities of $114k, net assets of $1.1m. It reported 26 employees.