Fort Fitness & Recreation Inc

Analysis

Fort Fitness & Recreation Inc is a registered charity in United States, based in Ft Montgomery, NY. It received its IRS tax-exemption ruling in July 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 December 2023, Fort Fitness & Recreation Inc reported income of $185k and spending of $260k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $859k to $185k (-79%), an average of -32% a year. The sharpest change came in the year to December 2021, when income dropped by 414%. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Fitness & Recreation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Reins in Motion Foundation ($185k), Blaine Area Little League ($185k) and Verona Lacrosse Club Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 101% of the total. Other salaries and wages came to $113k. At year end it held assets of $1.5m against liabilities of $815k, net assets of $663k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.