Max Higbee Community Recreation Center

Analysis

Max Higbee Community Recreation Center is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in March 1985, 41 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, Max Higbee Community Recreation Center reported income of $794k and spending of $828k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $600k to $794k (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Max Higbee Community Recreation Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include Friends of Rookery Bay ($794k), Langdon Day Care Center Inc ($794k) and King William Association ($794k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $62k (7.4% of expenses). Other salaries and wages came to $431k. It paid $4,219 in professional fundraising fees. At year end it held assets of $724k against liabilities of $14k, net assets of $711k. It reported 26 employees.