Park Club Historic Foundation

Analysis

Park Club Historic Foundation is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Park Club Historic Foundation reported income of $87k and spending of $313k, spending 361% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $553k to $87k (-84%), an average of -37% a year. The sharpest change came in the year to December 2022, when income rose by 1673%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Park Club Historic Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Adirondack Mennonite Heritage Association and Historical Society ($87k), Tioga Historical Society ($87k) and Ashland Poage Landing Days Festival Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.