Park Partners of Fort Smith Inc

Analysis

Park Partners of Fort Smith Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Partners of Fort Smith Inc reported income of $377k and spending of $126k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $377k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 403%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Park Partners of Fort Smith Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within AR. Charities of a similar size with the same main cause include Career Transitions Center of Chicago ($377k), Compassionate Justice ($377k) and Black Eagle Civic Club ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $895k against liabilities of $0, net assets of $895k.