Troup Co Recreation Endowment Fund

Analysis

Troup Co Recreation Endowment Fund is a registered charity in United States, based in Lagrange, GA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Troup Co Recreation Endowment Fund reported income of $278k and spending of $465k, spending 167% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $702k to $278k (-60%), an average of -21% a year. The sharpest change came in the year to June 2023, when income rose by 141%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Troup Co Recreation Endowment Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Multi-Cultural Festival of WV Inc ($278k), Illinois American Saddlebred Pleasure Horse Association ($278k) and Hagerstown Youth Hockey Association Incorporated ($278k).

At year end it held assets of $9.6m against liabilities of $0, net assets of $9.6m.

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.