St Michaels Community Center Inc

Analysis

St Michaels Community Center Inc is a registered charity in United States, based in St Michaels, MD. It received its IRS tax-exemption ruling in April 1991, 35 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 December 2023, St Michaels Community Center Inc reported income of $2.3m and spending of $753k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $2.3m (+716%), an average of +69% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 40% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, St Michaels Community Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Wesley Chapel Weddington Athletic Association ($2.3m), Valor Soccer ($2.3m) and Camp Livingston Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $84k (11% of expenses). Other salaries and wages came to $221k. At year end it held assets of $4.3m against liabilities of $190k, net assets of $4.1m. It reported 14 employees.