Havre de Grace Recreation Committee Inc

Analysis

Havre de Grace Recreation Committee Inc is a registered charity in United States, based in Hvre de Grace, MD. It received its IRS tax-exemption ruling in March 2017, 9 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, Havre de Grace Recreation Committee Inc reported income of $466k and spending of $450k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $441k to $466k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 180%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Havre de Grace Recreation Committee Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Twin Ports Gymnastics Club Inc ($466k), Fairfield Youth Football Incorporated ($466k) and Swva Sportsmen Inc ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 82% of the total. At year end it held assets of $432k against liabilities of $5,180, net assets of $426k.