Smoky Mountain Event Center Inc

Analysis

Smoky Mountain Event Center Inc is a registered charity in United States, based in Waynesville, NC. It received its IRS tax-exemption ruling in May 1996, 30 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 June 2023, Smoky Mountain Event Center Inc reported income of $265k and spending of $239k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $157k to $265k (+69%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 47%. 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, Smoky Mountain Event Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Northwest Youth Rodeo Association ($265k), Blue Earth County Fair Association ($265k) and East Bay Youth Athletics Inc ($265k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $13k (5.4% of expenses). Other salaries and wages came to $24k. At year end it held assets of $186k against liabilities of $17k, net assets of $170k. It reported 1 employees.