Recreation Association of Corcoran Inc

Analysis

Recreation Association of Corcoran Inc is a registered charity in United States, based in Corcoran, CA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Recreation Association of Corcoran Inc reported income of $4.2m and spending of $4.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $4.2m (+143%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 107%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Recreation Association of Corcoran Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Second Street Youth Center Foundation Inc ($4.2m), Uncornered Inc ($4.2m) and Opportunities for Inclusion Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $1.9m against liabilities of $68k, net assets of $1.8m. It reported 70 employees.