Meade Activity Center Inc

Analysis

Meade Activity Center Inc is a registered charity in United States, based in Brandenburg, KY. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Meade Activity Center Inc reported income of $687k and spending of $611k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $742k to $687k (-7.5%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Meade Activity Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Macungie Memorial Park Association ($687k), American Gaelic Games ($687k) and Knox Youth Sports Inc ($686k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $68k (11% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 14 employees.