Center Management Inc

Analysis

Center Management Inc is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in August 2012, 14 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 September 2023, Center Management Inc reported income of $1.0m and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $1.0m (-19%), an average of -5.1% a year. The sharpest change came in the year to September 2022, when income rose by 34%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Center Management Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within WY. Charities of a similar size with the same main cause include City Surf Project Inc ($1.0m), Eagle Grove Recreation ($1.0m) and Therapeutic Riding of Tucson Inc ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $138k (12% of expenses). Other salaries and wages came to $290k. At year end it held assets of $201k against liabilities of $299k, net assets of -$98k. It reported 13 employees.