Charleroi Sportsmens Association

Analysis

Charleroi Sportsmens Association is a registered charity in United States, based in Charleroi, PA. It received its IRS tax-exemption ruling in December 1965, 61 years ago. 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 December 2023, Charleroi Sportsmens Association reported income of $461k and spending of $85k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $461k (+280%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 557%. Over the whole period it spent 16% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charleroi Sportsmens Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Learning Tree Farm Inc ($461k), Hope Inc ($461k) and Olmstead Manor ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. Compensation of current officers, directors and key employees was $8,245 (9.7% of expenses). Other salaries and wages came to $13k. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m. It reported 8 employees.