Mid-Hudson Civic Center Inc

Analysis

Mid-Hudson Civic Center Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in August 1975, 51 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 June 2023, Mid-Hudson Civic Center Inc reported income of $3.6m and spending of $3.6m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.0m to $3.6m (-49%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 62%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mid-Hudson Civic Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include The Pines Education Group ($3.6m), New England Disabled Sports ($3.6m) and The Baseball Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $43k (1.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $14.1m against liabilities of $6.2m, net assets of $7.8m. It reported 140 employees.