Stokesdale Parks & Recreation

Analysis

Stokesdale Parks & Recreation is a registered charity in United States, based in Stokesdale, NC. It received its IRS tax-exemption ruling in November 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 2022, Stokesdale Parks & Recreation reported income of $141k and spending of $128k, spending 91% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $125k to $141k (+12%), an average of +12% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stokesdale Parks & Recreation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Durant Riding Club ($141k), Athletic Association of Stewart County ($141k) and Privateer Sailing Education Foundation ($141k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 19% and program service revenue 70% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.