Bradford Swim & Recreation Center Inc

Analysis

Bradford Swim & Recreation Center Inc is a registered charity in United States, based in Bradford, MA. It received its IRS tax-exemption ruling in August 2020, 6 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 2021, Bradford Swim & Recreation Center Inc reported income of $312k and spending of $296k, spending 95% of its income. Across the 2 years on record, from December 2020 to December 2021, income fell from $453k to $312k (-31%), an average of -31% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bradford Swim & Recreation Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Izza Inc ($312k), Polo Players Support Group Inc ($312k) and Gunnison Valley Hockey Association ($312k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $6,000 (2.0% of expenses). Other salaries and wages came to $91k. At year end it held assets of $699k against liabilities of $419k, net assets of $280k. It reported 27 employees.