Sweetwater Municipal Auditorium Board Inc

Analysis

Sweetwater Municipal Auditorium Board Inc is a registered charity in United States, based in Sweetwater, TX. It received its IRS tax-exemption ruling in April 1995, 31 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, Sweetwater Municipal Auditorium Board Inc reported income of $181k and spending of $124k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $60k to $181k (+199%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 95%. 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, Sweetwater Municipal Auditorium Board Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Lake Minnetonka Klondike Dog Derby ($181k), New Hampshire Lightning Softball Club ($181k) and Georgia Officials Athletic Association Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 11% of the total. At year end it held assets of $700k against liabilities of $0, net assets of $700k.