Valle Crucis Park Inc

Analysis

Valle Crucis Park Inc is a registered charity in United States, based in Valle Crucis, NC. It received its IRS tax-exemption ruling in April 1990, 36 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, Valle Crucis Park Inc reported income of $352k and spending of $265k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $352k (+70%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Valle Crucis Park Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include USA Hockey Inc ($351k), Transpacific Yacht Club ($352k) and Harford Hockey Organization Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 10% of the total. Other salaries and wages came to $133k. At year end it held assets of $869k against liabilities of $3,059, net assets of $866k. It reported 13 employees.