Merritt Event Center

Analysis

Merritt Event Center is a registered charity in United States, based in Priest River, ID. It received its IRS tax-exemption ruling in December 2023, 3 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, Merritt Event Center reported income of $118k and spending of $106k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $3.9m to $118k (-97%), an average of -97% a year. The sharpest change came in the year to December 2023, when income dropped by 97%. 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, Merritt Event Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within ID. Charities of a similar size with the same main cause include Neenah High School Hockey Boosterclub ($118k), East Greenwich Flag Football League ($118k) and Santa Barbara Vipers ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.