Park Springs Foundation

Analysis

Park Springs Foundation is a registered charity in United States, based in Stone Mountain, GA. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Park Springs Foundation reported income of $112k and spending of $86k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $256k to $112k (-56%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 59%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Park Springs Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Dewitt Prime Time Inc C/O Prime Time Preschool ($112k), State University College at Fredonia Alumni Association Inc ($112k) and Minnesota Association for the Education of Young Children ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $504k against liabilities of $0, net assets of $504k.