Freeport Parks Foundation

Analysis

Freeport Parks Foundation is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in April 2009, 17 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 September 2024, Freeport Parks Foundation reported income of $145k and spending of $156k, spending 108% of what it took in. Across the 2 years on record, from September 2023 to September 2024, income grew from $119k to $145k (+21%), an average of +21% a year. The sharpest change came in the year to September 2024, when income rose by 21%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Freeport Parks Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Mason Baseball-Softball Club Inc ($145k), Warren Park Youth Baseball League ($145k) and Charlotte Area Ultimate Association ($145k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $388k against liabilities of $0, net assets of $388k.