Aberdeen Board Parks & Recreation Inc

Analysis

Aberdeen Board Parks & Recreation Inc is a registered charity in United States, based in Aberdeen, MD. It received its IRS tax-exemption ruling in November 1981, 45 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 2024, Aberdeen Board Parks & Recreation Inc reported income of $177k and spending of $179k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $218k to $177k (-19%), an average of -4.1% a year. The sharpest change came in the year to June 2022, when income rose by 316%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aberdeen Board Parks & Recreation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Milton Legacy Baseball Inc ($177k), Milpitas Youth Soccer League ($177k) and Southwest Michigan Soccer Club ($177k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $3,485 (1.9% of expenses). At year end it held assets of $178k against liabilities of $0, net assets of $178k.