Troy Recreation Assn Inc

Analysis

Troy Recreation Assn Inc is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in September 1953, 73 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Troy Recreation Assn Inc reported income of $427k and spending of $428k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $427k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Troy Recreation Assn Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include The Newark Mentoring Movement Inc ($427k), Southtown Youth Program Center ($427k) and Fight for Kids Inc ($427k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 49% of the total. Other salaries and wages came to $197k. At year end it held assets of $384k against liabilities of $6,207, net assets of $378k. It reported 26 employees.