Laurel Athletic Recreation Association

Analysis

Laurel Athletic Recreation Association is a registered charity in United States, based in New Castle, PA. It received its IRS tax-exemption ruling in February 1990, 36 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, Laurel Athletic Recreation Association reported income of $128k and spending of $121k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $128k (-0.7%), an average of -0.7% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laurel Athletic Recreation Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Danville Library Assn ($128k), Woodlanders Are Volunteers for Education ($128k) and Cooke County Fair Association Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.