Eagle Lake Recreation Center

Analysis

Eagle Lake Recreation Center is a registered charity in United States, based in Eagle Lake, TX. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, Eagle Lake Recreation Center reported income of $103k and spending of $104k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $103k (+11%), an average of +11% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eagle Lake Recreation Center sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Tri-Centric Foundation Inc ($103k), Treasure Valley Intergroup of Alcoholics Anonymous Inc ($103k) and Grant County Senior Citizens Association ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 6.3% of the total. At year end it held assets of $96k against liabilities of $87k, net assets of $9,048.