Eagle River Recreation Association Inc
Analysis
Eagle River Recreation Association Inc is a registered charity in United States, based in Eagle River, WI. It received its IRS tax-exemption ruling in January 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Eagle River Recreation Association Inc reported income of $983k and spending of $724k, leaving 26% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $729k to $983k (+35%), an average of +7.8% a year. The sharpest change came in the year to August 2023, when income rose by 64%. Over the whole period it spent 77% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eagle River Recreation Association Inc 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 79th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Kids of Courage Inc ($983k), Chi Omega Education and Charity Fund of Dallas ($983k) and Doylestown Fire Co No 1 ($983k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. Other salaries and wages came to $32k. At year end it held assets of $1.8m against liabilities of $302k, net assets of $1.5m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 51%
- Other 5.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kids of Courage Inc | Cedarhurst | $983k |
| Chi Omega Education and Charity Fund of Dallas | Dallas | $983k |
| Doylestown Fire Co No 1 | Doylestown | $983k |
| Southwest Harbor Public Library | Southwest HBR | $983k |