Towson Recreation Council

Analysis

Towson Recreation Council is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 November 2023, Towson Recreation Council reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.2m to $1.6m (+35%), an average of +7.8% a year. The sharpest change came in the year to November 2021, when income rose by 114%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Towson Recreation Council sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Nutrition for the Elderly in Tompki NS County Inc ($1.6m), Mid South Independent School Business Oficers Inc ($1.6m) and Community Health Association Inland Southern Region ($1.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.