Mt Sterling Community Center NFP

Analysis

Mt Sterling Community Center NFP is a registered charity in United States, based in Mt Sterling, IL. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mt Sterling Community Center NFP reported income of $390k and spending of $487k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $473k to $390k (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mt Sterling Community Center NFP sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Friends of the Forest Hills Park Association ($390k), Wheatfield Blades Hockey Association Inc ($391k) and Sienna Plantation Youth Baseballleague Inc ($390k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 82% of the total. Other salaries and wages came to $102k. At year end it held assets of $4.2m against liabilities of $27k, net assets of $4.1m. It reported 11 employees.