Antigo Area Recreation Foundation Inc

Analysis

Antigo Area Recreation Foundation Inc is a registered charity in United States, based in Antigo, WI. It received its IRS tax-exemption ruling in April 1986, 40 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 July 2023, Antigo Area Recreation Foundation Inc reported income of $82k and spending of $95k, spending 116% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $109k to $82k (-25%), an average of -25% a year. The sharpest change came in the year to July 2023, when income dropped by 25%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Antigo Area Recreation Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include Atlanta Amateur Hockey League Foundation Inc ($82k), United Soccer Association of Tampa Bay Inc ($82k) and Mybl Inc ($82k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 2.6% and program service revenue 83% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.