Black Mountain Parks and Greenways Inc

Analysis

Black Mountain Parks and Greenways Inc is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in August 2010, 16 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 2024, Black Mountain Parks and Greenways Inc reported income of $90k and spending of $121k, spending 134% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $97k to $90k (-7.1%), an average of -7.1% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Black Mountain Parks and Greenways Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Hancock Partners Inc ($90k), Westfield Fair Association Inc ($90k) and Largo United Soccer Club Inc ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 65% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.