St George Community Center I Inc

Analysis

St George Community Center I Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2016, 10 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, St George Community Center I Inc reported income of $2.0m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.0m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, St George Community Center I Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Newburgh Armory Unity Center Inc ($2.0m), Central Coast Section California Interscholastic Federation ($2.0m) and Cumberland Farmers Club ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $306k. At year end it held assets of $12k against liabilities of $412k, net assets of -$400k.