Piedmont Recreation Association of Union County Inc

Analysis

Piedmont Recreation Association of Union County Inc is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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, Piedmont Recreation Association of Union County Inc reported income of $145k and spending of $151k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $462k to $145k (-69%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Piedmont Recreation Association of Union County Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Advaita Fellowship ($145k), Foundation of Medford Rogue Rotary Scholarship Fund ($145k) and Purple Playas Foundation Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $538k against liabilities of $0, net assets of $538k.

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.