North Carolina Recreation and Park Association Inc

Analysis

North Carolina Recreation and Park Association Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Carolina Recreation and Park Association Inc reported income of $884k and spending of $817k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $503k to $884k (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Carolina Recreation and Park Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Colorado Titans Basketball Club ($884k), Minnesota Flyers Gymnastics Inc ($884k) and Eastshore Alliance Futbol Club Inc ($884k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $90k (11% of expenses). Other salaries and wages came to $142k. At year end it held assets of $1.7m against liabilities of $114k, net assets of $1.5m. It reported 5 employees.