The Eldorado Service Center

Analysis

The Eldorado Service Center is a registered charity in United States, based in Eldorado, TX. It received its IRS tax-exemption ruling in April 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 (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, The Eldorado Service Center reported income of $92k and spending of $132k, spending 143% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.9m to $92k (-95%), an average of -78% a year. The sharpest change came in the year to December 2022, when income dropped by 96%. Over the whole period it spent 17% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Eldorado Service Center sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Waconia Blue Line Club Inc ($92k), Lake Tahoe Epic Curling ($92k) and Denver Gay and Lesbian Flag Football League Inc ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $28k. At year end it held assets of $1.8m against liabilities of $2,273, net assets of $1.8m. It reported 3 employees.