Colgate Eastpoint Recreation Council

Analysis

Colgate Eastpoint Recreation Council is a registered charity in United States, based in Essex, MD. It received its IRS tax-exemption ruling in April 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, Colgate Eastpoint Recreation Council reported income of $136k and spending of $119k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $136k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colgate Eastpoint Recreation Council sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Lincoln Center Skate Club Incorporated ($136k), Rockford Volleyball Association ($136k) and Concord-Leroy-Painesville Youth Athletic Association Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.