South Fork Arts and Recreation Company

Analysis

South Fork Arts and Recreation Company is a registered charity in United States, based in Coloma, CA. It received its IRS tax-exemption ruling in July 2022, 4 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, South Fork Arts and Recreation Company reported income of $197k and spending of $220k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $238k to $197k (-17%), an average of -9.0% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Fork Arts and Recreation Company sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Wild Terra Foundation ($197k), Womens Civic Club of Panama City Beach Inc ($197k) and Texas Association of College Technical Educators ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 56% of the total. At year end it held assets of $341k against liabilities of $280k, net assets of $61k.