Mid-County Community Center

Analysis

Mid-County Community Center is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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, Mid-County Community Center reported income of $358k and spending of $338k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $358k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-County Community Center sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Grow Cycling Foundation Corporation ($358k), Community Coalition of Sussex Virginia ($358k) and Phi Alpha National Honor Society ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $70k (21% of expenses). Other salaries and wages came to $113k. At year end it held assets of $428k against liabilities of $9,912, net assets of $418k. It reported 11 employees.