Greater Burlington Area Sports Complex

Analysis

Greater Burlington Area Sports Complex is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Greater Burlington Area Sports Complex reported income of $558k and spending of $625k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $410k to $558k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Burlington Area Sports Complex sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within IA. Charities of a similar size with the same main cause include Comm Workers of Amer National Education and Training TR ($558k), One Community USA ($558k) and Your Future Is Our Business ($558k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 89% of the total. Other salaries and wages came to $143k. At year end it held assets of $7.5m against liabilities of $1.1m, net assets of $6.4m. It reported 23 employees.