Richland Area Community Center

Analysis

Richland Area Community Center is a registered charity in United States, based in Richland, MI. It received its IRS tax-exemption ruling in March 2002, 24 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, Richland Area Community Center reported income of $290k and spending of $344k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $350k to $290k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Richland Area Community Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Coast Aquatics Inc ($290k), Upstate Nevada Inc ($290k) and Hinsdale Falcon Football ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $79k (23% of expenses). Other salaries and wages came to $100k. At year end it held assets of $696k against liabilities of $8,225, net assets of $688k. It reported 6 employees.