New England Sports Complex Inc

Analysis

New England Sports Complex Inc is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in February 2006, 20 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 2023, New England Sports Complex Inc reported income of $380k and spending of $505k, spending 133% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $622k to $380k (-39%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 150% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New England Sports Complex Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within NH. Charities of a similar size with the same main cause include Taylor Group Foundation Inc ($380k), Delray Tennis Outreach Inc ($380k) and Wisconsin Blizzard Basketball Inc ($380k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $173k (34% of expenses). At year end it held assets of $6.5m against liabilities of $57k, net assets of $6.4m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.