Phelps Community Center Inc

Analysis

Phelps Community Center Inc is a registered charity in United States, based in Phelps, NY. It received its IRS tax-exemption ruling in April 2004, 22 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, Phelps Community Center Inc reported income of $2.2m and spending of $2.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.2m (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Phelps Community Center Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include West Fargo Baseball Inc ($2.2m), Puget Sound Premier League ($2.2m) and West Dundee Hockey Club ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. At year end it held assets of $1.1m against liabilities of $491k, net assets of $637k. It reported 124 employees.