Elizabeth Park Conservancy Inc

Analysis

Elizabeth Park Conservancy Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in August 1978, 48 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, Elizabeth Park Conservancy Inc reported income of $2.5m and spending of $1.3m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $964k to $2.5m (+159%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 132%. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elizabeth Park Conservancy Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include Arsenal Alliance Soccer Club ($2.5m), Los Angeles Breakers F C ($2.5m) and Kent County Regional Sports Complex Corp ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $248k. At year end it held assets of $5.9m against liabilities of $82k, net assets of $5.9m. It reported 24 employees.