Reading Recreation Commission

Analysis

Reading Recreation Commission is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in September 2012, 14 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, Reading Recreation Commission reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Reading Recreation Commission sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Freeland Community Sports Association ($1.5m), West Virginia Golf Association ($1.5m) and Shenandoah National Park Association ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $107k (7.5% of expenses). Other salaries and wages came to $763k. At year end it held assets of $1.3m against liabilities of $367k, net assets of $972k. It reported 105 employees.