Park Acquisition Corporation

Analysis

Park Acquisition Corporation is a registered charity in United States, based in Woodville, MS. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 October 2023, Park Acquisition Corporation reported income of $83k and spending of $180k, spending 217% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $175k to $83k (-53%), an average of -17% a year. The sharpest change came in the year to October 2020, when income dropped by 66%. Over the whole period it spent 202% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Park Acquisition Corporation sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within MS. Charities of a similar size with the same main cause include California Native Grass Association ($83k), Minnesota Wildlife Federation ($83k) and Friends of Dragon Run Inc ($83k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $2.1m against liabilities of $1,366, net assets of $2.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.