Towsontowne Recreation Council

Analysis

Towsontowne Recreation Council is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in July 1989, 37 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Towsontowne Recreation Council reported income of $242k and spending of $240k, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $376k to $242k (-36%), an average of -10% a year. The sharpest change came in the year to May 2022, when income rose by 131%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Towsontowne Recreation Council sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Flathead Valley Hockey Association ($242k), Little League Baseball Inc ($242k) and Northern Indiana Youth Football League ($242k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $534k against liabilities of $0, net assets of $534k.