Chagrin Valley Recreation Cen

Analysis

Chagrin Valley Recreation Cen is a registered charity in United States, based in Chagrin Falls, OH. It received its IRS tax-exemption ruling in May 1945, 81 years ago. 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 October 2023, Chagrin Valley Recreation Cen reported income of $280k and spending of $249k, spending 89% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $251k to $280k (+12%), an average of +2.8% a year. The sharpest change came in the year to October 2021, when income rose by 4460%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chagrin Valley Recreation Cen sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Macon Housing Development Corporation ($280k), Community Developers of Granite Quarry Inc ($280k) and Building Blocks Academy ($280k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Other salaries and wages came to $99k. At year end it held assets of $245k against liabilities of $0, net assets of $245k.