Friends of Central Pool Inc

Analysis

Friends of Central Pool Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in October 2022, 4 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, Friends of Central Pool Inc reported income of $623k and spending of $597k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $501k to $623k (+24%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Central Pool Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Mount Pleasant Swim Club Parentsassociation ($623k), The Ace Project ($623k) and Portland Youth Soccer Association ($622k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 63% of the total. Other salaries and wages came to $198k. At year end it held assets of $547k against liabilities of $144k, net assets of $403k. It reported 61 employees.