Rheems Athletic Association

Analysis

Rheems Athletic Association is a registered charity in United States, based in Elizabethtown, PA. It received its IRS tax-exemption ruling in July 2015, 11 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, Rheems Athletic Association reported income of $168k and spending of $151k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $203k to $168k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rheems Athletic Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Alsio Aquatics Inc ($168k), Bellevue Youth Soccer Club ($168k) and Queen City Volleyball Academy ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 89% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.