Powell Recreation Commission Inc

Analysis

Powell Recreation Commission Inc is a registered charity in United States, based in Powell, TN. It received its IRS tax-exemption ruling in August 2018, 8 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 November 2023, Powell Recreation Commission Inc reported income of $86k and spending of $72k, spending 84% of its income. Across the 4 years on record, from November 2020 to November 2023, income grew from $72k to $86k (+19%), an average of +6.1% a year. The sharpest change came in the year to November 2022, when income rose by 54%. 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, Powell Recreation Commission Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Water Ski Events LLC ($86k), Shawano Little League ($86k) and Fox River Bandits Baseball Club Inc ($86k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.