South Charlotte Recreation Association Inc

Analysis

South Charlotte Recreation Association Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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, South Charlotte Recreation Association Inc reported income of $493k and spending of $515k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $493k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Charlotte Recreation Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Carmel-Clay Historical Society Inc ($493k), Miami County Community Foundation ($493k) and Red Oak Community School ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $66k against liabilities of $39k, net assets of $27k.