Riverpark at Cooleemee Falls Inc

Analysis

Riverpark at Cooleemee Falls Inc is a registered charity in United States, based in Mocksville, NC. It received its IRS tax-exemption ruling in December 2004, 22 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 December 2023, Riverpark at Cooleemee Falls Inc reported income of $217k and spending of $134k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $102k to $217k (+112%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 282%. Over the whole period it spent 34% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Riverpark at Cooleemee Falls Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Kingston Area Soccer League Inc ($217k), Hawaii Aquatics Foundation ($217k) and Keep Punching ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 37% of the total. At year end it held assets of $521k against liabilities of $0, net assets of $521k.