Burroughs Community Center Inc

Analysis

Burroughs Community Center Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in July 1995, 31 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, Burroughs Community Center Inc reported income of $610k and spending of $663k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $423k to $610k (+44%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Burroughs Community 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 71st percentile within CT. Charities of a similar size with the same main cause include Team Breckenridge Sports Club Inc ($610k), San Luis Obispo Sportsmens Association ($610k) and Girls on the Run of the Triangle Inc ($610k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $85k (13% of expenses). Other salaries and wages came to $235k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 11 employees.