Greenwood Community & Recreation Center Inc

Analysis

Greenwood Community & Recreation Center Inc is a registered charity in United States, based in Greenwood, MS. It received its IRS tax-exemption ruling in June 1991, 35 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 December 2023, Greenwood Community & Recreation Center Inc reported income of $399k and spending of $290k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $399k (+6.8%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 65% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greenwood Community & Recreation Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MS. Charities of a similar size with the same main cause include FC Soccer Club ($399k), Sioux Falls Figure Skating Club ($399k) and Naples Flag Football League ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $53k (18% of expenses). At year end it held assets of $956k against liabilities of $8,970, net assets of $947k. It reported 6 employees.