Bushnell Park Foundation Inc

Analysis

Bushnell Park Foundation Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in April 1981, 45 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bushnell Park Foundation Inc reported income of $630k and spending of $627k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $630k (+187%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bushnell Park Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include Coronado Youth Soccer Inc ($630k), United Capital City Soccer Club ($630k) and Camp Stanislaus Inc ($630k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $134k. At year end it held assets of $987k against liabilities of $0, net assets of $987k. It reported 9 employees.