Dearborn Adult Center Inc

Analysis

Dearborn Adult Center Inc is a registered charity in United States, based in Lawrenceburg, IN. It received its IRS tax-exemption ruling in October 1993, 33 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, Dearborn Adult Center Inc reported income of $270k and spending of $252k, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $536k to $270k (-50%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 78%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dearborn Adult Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Rotterdam United Soccer Club ($270k), Thames River Heritage Park Foundation Inc ($270k) and Blackhawk Hockey Assoc Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $42k (17% of expenses). Other salaries and wages came to $44k. At year end it held assets of $700k against liabilities of $0, net assets of $700k. It reported 5 employees.