Channahon Park Foundation NFP

Analysis

Channahon Park Foundation NFP is a registered charity in United States, based in Channahon, IL. It received its IRS tax-exemption ruling in June 2009, 17 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 December 2023, Channahon Park Foundation NFP reported income of $70k and spending of $5,591, leaving 92% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $357k to $70k (-80%), an average of -42% a year. The sharpest change came in the year to December 2020, when income dropped by 85%. Over the whole period it spent 153% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Channahon Park Foundation NFP sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include SLSC Inc ($70k), Valley Sports Association Inc ($70k) and Raise the Bar Initiative ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.