Lake Crystal Area Recreation Center Association Inc

Analysis

Lake Crystal Area Recreation Center Association Inc is a registered charity in United States, based in Lake Crystal, MN. It received its IRS tax-exemption ruling in May 1999, 27 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, Lake Crystal Area Recreation Center Association Inc reported income of $1.1m and spending of $799k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $797k to $1.1m (+44%), an average of +9.5% a year. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Crystal Area Recreation Center Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Knothole Foundation Inc ($1.1m), Friends Of@pittsburgh Professional Soccer ($1.1m) and Pony Baseball Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 54% of the total. Other salaries and wages came to $465k. At year end it held assets of $1.6m against liabilities of $92k, net assets of $1.6m. It reported 68 employees.