Gahanna Parks & Recreation Foundation

Analysis

Gahanna Parks & Recreation Foundation is a registered charity in United States, based in Gahanna, OH. It received its IRS tax-exemption ruling in December 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, Gahanna Parks & Recreation Foundation reported income of $67k and spending of $49k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $67k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gahanna Parks & Recreation Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Kingston Community Radio Inc ($67k), Amory Main Street Inc ($67k) and Chinatown Fresno Foundation ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $283k against liabilities of $0, net assets of $283k.