South Peninsula Athletic and Recreational Committee

Analysis

South Peninsula Athletic and Recreational Committee is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in June 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, South Peninsula Athletic and Recreational Committee reported income of $353k and spending of $99k, leaving 72% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $96k to $353k (+266%), an average of +54% a year. The sharpest change came in the year to August 2023, when income rose by 477%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Peninsula Athletic and Recreational Committee sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within AK. Charities of a similar size with the same main cause include Greater Gainesville Aquatics Association Inc ($353k), Maury County Fair & Exposition Inc ($353k) and Girls on the Run of Union County NC ($353k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $32k. At year end it held assets of $880k against liabilities of $17, net assets of $880k. It reported 2 employees.