The Rec Center Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 329,236 | 346,317 | −17,081 | 44.5 | 5% |
| 2013 | 417,670 | 403,689 | 13,981 | 38.6 | 32% |
| 2014 | 453,059 | 429,315 | 23,744 | 36.9 | 48% |
| 2015 | 473,751 | 493,404 | −19,653 | 31.6 | 40% |
| 2016 | 519,662 | 497,834 | 21,828 | 32.0 | 41% |
| 2017 | 568,767 | 538,918 | 29,849 | 30.4 | 40% |
| 2018 | 545,095 | 530,483 | 14,612 | 31.3 | 41% |
| 2019 | 572,637 | 577,202 | −4,565 | 28.6 | 42% |
| 2020 | 468,013 | 576,087 | −108,074 | 26.4 | 42% |
| 2021 | 590,231 | 539,342 | 50,889 | 30.0 | 42% |
| 2022 | 585,940 | 609,195 | −23,255 | 25.5 | 40% |
| 2023 | 494,810 | 606,586 | −111,776 | 23.9 | 38% |
In its most recent public year (2023), this organization spent $111,776 more than it brought in. Its reserves stood at about 23.9 months of spending, down from 44.5 in 2012. Staff pay was 38% of spending. $70,589 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Rec Center Ltd's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works