Southwick Recreation Center Inc
Analysis
Southwick Recreation Center Inc is a registered charity in United States, based in Southwick, MA. It received its IRS tax-exemption ruling in March 1963, 63 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Southwick Recreation Center Inc reported income of $387k and spending of $321k, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $318k to $387k (+22%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 79% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwick Recreation Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Chip Inc ($387k), St Clare Apartments Housing Development Fund Company Inc ($387k) and Gaylord Building Historic Site ($387k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $124k. At year end it held assets of $630k against liabilities of $7,763, net assets of $622k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 85%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chip Inc | Newcastle | $387k |
| St Clare Apartments Housing Development Fund Company Inc | Syracuse | $387k |
| Gaylord Building Historic Site | Lockport | $387k |
| LA Casa Del Tainos Housing Development Fund Company Inc | Buffalo | $387k |