Washington Area Community Center Inc

Analysis

Washington Area Community Center Inc is a registered charity in United States, based in Washington, IL. It received its IRS tax-exemption ruling in October 1997, 29 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, Washington Area Community Center Inc reported income of $3.3m and spending of $4.2m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $3.3m (-1.9%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Washington Area Community Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Greater Hillsborough County Fair Association Inc ($3.3m), Bigstuf Ministries Inc ($3.3m) and Malivai Washington Kids Foundation Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $183k (4.4% of expenses). At year end it held assets of $15.8m against liabilities of $1.8m, net assets of $13.9m. It reported 232 employees.