Fairfield Parks and Recreation Foundation

Analysis

Fairfield Parks and Recreation Foundation is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in April 2006, 20 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 June 2023, Fairfield Parks and Recreation Foundation reported income of $354k and spending of $94k, leaving 73% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $402k to $354k (-12%), an average of -12% a year. Over the whole period it spent 25% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairfield Parks and Recreation Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include New England Youth Cycling Inc ($354k), Newbury Park Pony Baseball League ($354k) and Victor Swim Club Inc ($354k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. At year end it held assets of $739k against liabilities of $0, net assets of $739k.