Salem Community Center Association Inc

Analysis

Salem Community Center Association Inc is a registered charity in United States, based in Salem, OH. It received its IRS tax-exemption ruling in July 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 (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, Salem Community Center Association Inc reported income of $2.7m and spending of $2.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.7m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Salem Community Center Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Team First Inc ($2.7m), Fcba Academy ($2.7m) and XS Tennis and Education Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $76k (3.3% of expenses). Other salaries and wages came to $730k. At year end it held assets of $10.5m against liabilities of $2.3m, net assets of $8.2m. It reported 145 employees.