Latrobe-Glsd Parks & Recreation Commission

Analysis

Latrobe-Glsd Parks & Recreation Commission is a registered charity in United States, based in Latrobe, PA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Latrobe-Glsd Parks & Recreation Commission reported income of $1.4m and spending of $821k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $528k to $1.4m (+160%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 65% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Latrobe-Glsd Parks & Recreation Commission sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Israel Lacrosse Association Inc ($1.4m), Waxhaw Athletic Association ($1.4m) and Hayward Civic Club Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. Other salaries and wages came to $413k. At year end it held assets of $2.3m against liabilities of $20k, net assets of $2.2m. It reported 46 employees.