Asheville-Buncombe Regional Sports Commission Inc

Analysis

Asheville-Buncombe Regional Sports Commission Inc is a registered charity in United States, based in Skyland, NC. It received its IRS tax-exemption ruling in August 2011, 15 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 June 2023, Asheville-Buncombe Regional Sports Commission Inc reported income of $875k and spending of $813k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $823k to $875k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 83%. 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, Asheville-Buncombe Regional Sports Commission Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Central Kansas Free Fair Inc ($875k), Landmark Conference Inc ($876k) and Six Rivers Youth Sports Inc ($875k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $177k (22% of expenses). Other salaries and wages came to $9,434. At year end it held assets of $282k against liabilities of $19k, net assets of $263k. It reported 3 employees.