Fountain City Recreation Commission Inc

Analysis

Fountain City Recreation Commission Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in December 2013, 13 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 December 2023, Fountain City Recreation Commission Inc reported income of $155k and spending of $117k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $146k to $155k (+6.0%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 62% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fountain City Recreation Commission Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Lady Dragon Lacrosse Association ($155k), Brews for the Brave Inc ($155k) and Westonka Youth Basketball Association ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 91% of the total. At year end it held assets of $226k against liabilities of $18k, net assets of $209k.