Adams Town & Country Recreation Corporation
Analysis
Adams Town & Country Recreation Corporation is a registered charity in United States, based in Adams, MN. It received its IRS tax-exemption ruling in July 1965, 61 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 December 2023, Adams Town & Country Recreation Corporation reported income of $84k and spending of $77k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $84k (-14%), an average of -14% a year. Over the whole period it spent 71% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adams Town & Country Recreation Corporation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Straight Path Ministries Inc ($84k), The Next Ice Age ($84k) and United Soccer of Auburn Inc ($84k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 14% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 14%
- Other 62%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Straight Path Ministries Inc | Hawthorne | $84k |
| The Next Ice Age | Baltimore | $84k |
| United Soccer of Auburn Inc | Auburn | $84k |
| Life Link of Sheridan County | Sheridan | $84k |