Center Players Incorporated

Analysis

Center Players Incorporated is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Center Players Incorporated reported income of $69k and spending of $84k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $85k to $69k (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 136% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center Players Incorporated sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Friends of the Oregon Caves and Chateau ($69k), Sweet Adelines International ($69k) and Community Preservation Committee ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 86% of the total. At year end it held assets of $38k against liabilities of $109k, net assets of -$71k.

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.