Foundation Park Conservancy

Analysis

Foundation Park Conservancy is a registered charity in United States, based in Mount Vernon, OH. It received its IRS tax-exemption ruling in September 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, Foundation Park Conservancy reported income of $646k and spending of $266k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $738k to $646k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 61% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Foundation Park Conservancy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Hunters of Color ($646k), Moore Youth Baseball Association Inc ($646k) and Syobball Inc ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $41k (16% of expenses). Other salaries and wages came to $80k. At year end it held assets of $1.1m against liabilities of $3,044, net assets of $1.1m. It reported 8 employees.