Middle Tyger Community Center

Analysis

Middle Tyger Community Center is a registered charity in United States, based in Lyman, SC. It received its IRS tax-exemption ruling in June 1999, 27 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 June 2023, Middle Tyger Community Center reported income of $2.6m and spending of $2.3m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.6m (+124%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 280%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Middle Tyger Community Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Empire United Soccer Academy Inc ($2.6m), South Atlantic Conference ($2.6m) and Las Vegas Soccer Association ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $76k (3.3% of expenses). Other salaries and wages came to $750k. At year end it held assets of $2.6m against liabilities of $259k, net assets of $2.4m. It reported 34 employees.