Fort Wayne Park Foundation Inc

Analysis

Fort Wayne Park Foundation Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in September 1974, 52 years ago. 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, Fort Wayne Park Foundation Inc reported income of $430k and spending of $1.1m, spending 267% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $962k to $430k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 416%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Wayne Park Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Fermanian Family Foundation ($430k), Mamas Hands ($430k) and Washington Community Housing Trust Inc ($430k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. Other salaries and wages came to $882. At year end it held assets of $13.9m against liabilities of $756k, net assets of $13.2m. It reported 1 employees.