Burke Athletic Club Inc

Analysis

Burke Athletic Club Inc is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in May 2000, 26 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, Burke Athletic Club Inc reported income of $1.1m and spending of $890k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $759k to $1.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Burke Athletic Club Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Kentucky Golf Association Inc ($1.1m), Couples for Christ Inc ($1.1m) and Noma Parks Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $36k (4.1% of expenses). Other salaries and wages came to $419k. At year end it held assets of $640k against liabilities of $40k, net assets of $600k. It reported 24 employees.