New Market Riverton Recreation Center

Analysis

New Market Riverton Recreation Center is a registered charity in United States, based in New Market, AL. It received its IRS tax-exemption ruling in May 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Market Riverton Recreation Center reported income of $67k and spending of $23k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $67k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 39% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Market Riverton Recreation Center sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within AL. Charities of a similar size with the same main cause include Brentsville Baseball League Inc ($67k), Friends of Baseball Ireland Corporation ($67k) and Sturgis High School Rodeo Booster Club ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 85% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.