Garner Community Center Inc

Analysis

Garner Community Center Inc is a registered charity in United States, based in Garner, IA. It received its IRS tax-exemption ruling in February 2004, 22 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, Garner Community Center Inc reported income of $95k and spending of $112k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $150k to $95k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 229%. Over the whole period it spent 122% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Garner Community Center Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within IA. Charities of a similar size with the same main cause include Topsail Ball Club Inc ($95k), Town of Tonawanda Aquettes ($95k) and North Carolina Ultra Running Association ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. Other salaries and wages came to $20k. At year end it held assets of $429k against liabilities of $2,897, net assets of $426k. It reported 4 employees.