Reisterstown Area Recreation and Parks Council

Analysis

Reisterstown Area Recreation and Parks Council is a registered charity in United States, based in Reisterstown, MD. It received its IRS tax-exemption ruling in April 1993, 33 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 June 2023, Reisterstown Area Recreation and Parks Council reported income of $265k and spending of $305k, spending 115% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $288k to $265k (-8.1%), an average of -4.1% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Reisterstown Area Recreation and Parks Council sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Tipton County Event Center at the Fairgrounds Inc ($265k), Ajax Utah Football Club ($265k) and 10th Mountain Lacrosse Inc ($265k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 94% of the total. At year end it held assets of $272k against liabilities of $0, net assets of $272k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.