Eagle Grove Recreation

Analysis

Eagle Grove Recreation is a registered charity in United States, based in Eagle Grove, IA. It received its IRS tax-exemption ruling in April 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eagle Grove Recreation reported income of $1.0m and spending of $37k, leaving 96% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $235k to $1.0m (+332%), an average of +108% a year. The sharpest change came in the year to December 2022, when income rose by 478%. Over the whole period it spent 2.6% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eagle Grove Recreation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include Center Management Inc ($1.0m), The Mexico Senior Olympics Inc ($1.0m) and City Surf Project Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.