Parks & Recreation Foundation of the Town of Greenwich Connecticut

Analysis

Parks & Recreation Foundation of the Town of Greenwich Connecticut is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in February 2002, 24 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, Parks & Recreation Foundation of the Town of Greenwich Connecticut reported income of $95k and spending of $47k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $95k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 59% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Parks & Recreation Foundation of the Town of Greenwich Connecticut sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include The Roe Sports Foundation ($95k), Warrior Regional Training Center Inc ($95k) and Colorado Youth Baseball Club ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.