Charlevoix Area Community Pool

Analysis

Charlevoix Area Community Pool is a registered charity in United States, based in Charlevoix, MI. It received its IRS tax-exemption ruling in August 1995, 31 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, Charlevoix Area Community Pool reported income of $536k and spending of $558k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $655k to $536k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Charlevoix Area Community Pool sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Mid Michigan Gymnastics Booster Club ($536k), Hopkinton Youth Soccer Inc ($537k) and Little League Baseball Inc ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 20% of the total. Other salaries and wages came to $220k. At year end it held assets of $2.4m against liabilities of $69k, net assets of $2.3m. It reported 40 employees.