Winooski Valley Park District

Analysis

Winooski Valley Park District is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in August 1993, 33 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 2023, Winooski Valley Park District reported income of $466k and spending of $470k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $604k to $466k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winooski Valley Park District 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 69th percentile, and in the 63rd percentile within VT. Charities of a similar size with the same main cause include Field Institute of Taos ($465k), Amateur Athletic Union of the United States Inc ($466k) and Little League Baseball Inc ($465k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $90k (19% of expenses). At year end it held assets of $4.2m against liabilities of $370k, net assets of $3.9m. It reported 7 employees.