Rec Place Afterschool Inc

Analysis

Rec Place Afterschool Inc is a registered charity in United States, based in Newton L F, MA. It received its IRS tax-exemption ruling in March 1993, 33 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 July 2024, Rec Place Afterschool Inc reported income of $440k and spending of $365k, spending 83% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $338k to $440k (+30%), an average of +5.4% a year. The sharpest change came in the year to July 2022, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rec Place Afterschool Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Arlington Cal Ripken Babe Ruth ($439k), League of Dreams Inc ($440k) and Peachtree Ridge Youth Athletic Assn Inc a Domestic Non Profit Corp ($439k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 13% and program service revenue 84% of the total. Other salaries and wages came to $282k. At year end it held assets of $465k against liabilities of $62k, net assets of $404k. It reported 24 employees.