21st Century Parks Endowment Inc

Analysis

21st Century Parks Endowment Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 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 June 2024, 21st Century Parks Endowment Inc reported income of $4.8m and spending of $8.9m, spending 185% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.7m to $4.8m (+32%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 129%. Over the whole period it spent 29% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 21st Century Parks Endowment Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Bronx House-Emanuel Camps Inc ($4.8m), Mustang Soccer League ($4.8m) and Dallas Skyline Juniors Volleyball ($4.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 0.0% of the total. At year end it held assets of $95.5m against liabilities of $211k, net assets of $95.3m.