Park Silly Sunday Market

Analysis

Park Silly Sunday Market is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Park Silly Sunday Market reported income of $694k and spending of $655k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $575k to $694k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 453%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Park Silly Sunday Market sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within UT. Charities of a similar size with the same main cause include Breakwater Health Network ($694k), Honduras Baptist Dental Mission Inc ($695k) and Vanceboro Rescue Squad Inc ($694k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $64k (9.8% of expenses). Other salaries and wages came to $159k. At year end it held assets of $150k against liabilities of $246k, net assets of -$97k. It reported 6 employees.