Friends of Hamilton County Parks Inc

Analysis

Friends of Hamilton County Parks Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in October 2006, 20 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, Friends of Hamilton County Parks Inc reported income of $441k and spending of $689k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $410k to $441k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Hamilton County Parks Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Dolphin Aquatics ($441k), Oregon Dairy Women ($441k) and Saginaw Township Soccer Association ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $70k (10% of expenses). At year end it held assets of $1.7m against liabilities of $2,229, net assets of $1.7m. It reported 1 employees.