Audubon Recreation Foundation

Analysis

Audubon Recreation Foundation is a registered charity in United States, based in Audubon, IA. It received its IRS tax-exemption ruling in May 2010, 16 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, Audubon Recreation Foundation reported income of $1.6m and spending of $722k, leaving 56% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $963k to $1.6m (+70%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 60% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Audubon Recreation Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Beach Cities Volleyball Club ($1.6m), Bears Tail Basketball ($1.6m) and Lightning Basketball Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $210k. At year end it held assets of $3.7m against liabilities of $219k, net assets of $3.4m. It reported 31 employees.