Pioneer Valley Riverfront Club Inc

Analysis

Pioneer Valley Riverfront Club Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in July 2009, 17 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 December 2023, Pioneer Valley Riverfront Club Inc reported income of $263k and spending of $340k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $263k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 126% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pioneer Valley Riverfront Club Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Hyde Park Youth Hockey Inc ($263k), Eastern US Music Camp Inc ($263k) and Rochester Youth Fastpitch ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $66k (19% of expenses). Other salaries and wages came to $96k. At year end it held assets of $180k against liabilities of $17k, net assets of $163k. It reported 20 employees.