Friends of Knox Farm State Park Inc

Analysis

Friends of Knox Farm State Park Inc is a registered charity in United States, based in East Aurora, NY. It received its IRS tax-exemption ruling in November 2007, 19 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 Knox Farm State Park Inc reported income of $379k and spending of $336k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $246k to $379k (+54%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 94% 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 Knox Farm State Park Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Ub Amherst Swimming Inc ($379k), Whitefish Adult Ice Hockey ($379k) and Slippery Rock Area Parks & Recreation ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 40% of the total. Other salaries and wages came to $54k. At year end it held assets of $386k against liabilities of $192k, net assets of $194k. It reported 2 employees.