Recreation and Fitness Resources Inc

Analysis

Recreation and Fitness Resources Inc is a registered charity in United States, based in Bayfield, WI. It received its IRS tax-exemption ruling in August 2006, 20 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, Recreation and Fitness Resources Inc reported income of $563k and spending of $560k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $417k to $563k (+35%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Recreation and Fitness Resources Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Rockford Area Athletic Association ($563k), New Mexico High School Rodeo Association ($563k) and Michigan Revolution F C ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 46% of the total. Other salaries and wages came to $301k. At year end it held assets of $869k against liabilities of $153k, net assets of $716k. It reported 46 employees.