Inclined Plane Inc

Analysis

Inclined Plane Inc is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in March 1988, 38 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 June 2023, Inclined Plane Inc reported income of $626k and spending of $626k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $774k to $626k (-19%), an average of -5.2% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Inclined Plane Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Missouri Amateur Ice Hockey Association-Youth Division ($626k), West Islip Soccer Club Inc ($626k) and Police Athletic League of Hallandale Beach Inc ($626k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $16k (2.5% of expenses). Other salaries and wages came to $133k. At year end it held assets of $479k against liabilities of $392k, net assets of $86k. It reported 4 employees.