Steele Creek Athletic Association Inc

Analysis

Steele Creek Athletic Association Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 1969, 57 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Steele Creek Athletic Association Inc reported income of $344k and spending of $303k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $392k to $344k (-12%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Steele Creek Athletic Association Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include National Church Residences ($344k), Keep Alliance Beautiful ($344k) and Richland Township Volunteer Fire Department of Alleghany County ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 60% of the total. At year end it held assets of $632k against liabilities of $0, net assets of $632k.