Newtown Recreation Inc

Analysis

Newtown Recreation Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Newtown Recreation Inc reported income of $989k and spending of $1.0m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $679k to $989k (+46%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newtown Recreation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Soccer Centerville Inc ($988k), San Francisco Youth Soccer ($989k) and Chesterbrook-Mclean Little League Inc ($988k).

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 $180k (17% of expenses). At year end it held assets of $77k against liabilities of $0, net assets of $77k. It reported 2 employees.