Beresford Parks Recreation and Community Education Inc

Analysis

Beresford Parks Recreation and Community Education Inc is a registered charity in United States, based in Beresford, SD. It received its IRS tax-exemption ruling in November 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, Beresford Parks Recreation and Community Education Inc reported income of $284k and spending of $293k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $284k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Beresford Parks Recreation and Community Education Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within SD. Charities of a similar size with the same main cause include American Delirium Society ($284k), Aquatic Booster Club of the Southern Marlins Racing Team Inc ($284k) and Columbus Curling Club Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $164k. At year end it held assets of $94k against liabilities of $50k, net assets of $44k. It reported 26 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.