Flushing Meadows Corona Park Improvement Fund Inc

Analysis

Flushing Meadows Corona Park Improvement Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Flushing Meadows Corona Park Improvement Fund Inc reported income of $306k and spending of $7,750, leaving 97% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $161k to $306k (+91%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 1330%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Flushing Meadows Corona Park Improvement Fund Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Duke City Soccer League ($306k), Itasca Ski & Outing Club Incorporated ($306k) and Mentor Baseball League ($306k).

At year end it held assets of $8.4m against liabilities of $7,750, net assets of $8.4m.