Rensselaer Community Recreational Development Corporation

Analysis

Rensselaer Community Recreational Development Corporation is a registered charity in United States, based in Rensselaer, IN. It received its IRS tax-exemption ruling in January 1974, 52 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, Rensselaer Community Recreational Development Corporation reported income of $76k and spending of $71k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $76k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rensselaer Community Recreational Development Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within IN. Charities of a similar size with the same main cause include Minong-Wascott Area Trails Club Inc ($76k), Greenview Swim Team ($76k) and Perkiomen Valley Aquatic Club ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 64% of the total. Other salaries and wages came to $1,375. At year end it held assets of $44k against liabilities of $86, net assets of $44k. It reported 1 employees.