Greer Recreation Association Inc

Analysis

Greer Recreation Association Inc is a registered charity in United States, based in Greer, SC. It received its IRS tax-exemption ruling in August 1977, 49 years ago. 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, Greer Recreation Association Inc reported income of $99k and spending of $174k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $99k (-61%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greer Recreation Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 42nd percentile within SC. Charities of a similar size with the same main cause include National Affordable Housing Foundation Inc ($99k), Monsignor Forbes Scholarship Fund Trust Agreement ($99k) and Pulaski Daily Bread Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. At year end it held assets of $393k against liabilities of $0, net assets of $393k.