Memorial Community Center Inc

Analysis

Memorial Community Center Inc is a registered charity in United States, based in Hope, ID. It received its IRS tax-exemption ruling in August 1988, 38 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, Memorial Community Center Inc reported income of $134k and spending of $77k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income fell from $161k to $134k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memorial Community Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within ID. Charities of a similar size with the same main cause include Council of Belmont Organizations Inc-Study Group ($134k), Emergency Assistance Fund for Horizon Air Employees ($134k) and Breast Wishes Foundation ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. At year end it held assets of $416k against liabilities of $181k, net assets of $235k.