Danny Smith Memorial Park Corp

Analysis

Danny Smith Memorial Park Corp is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in October 1979, 47 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Danny Smith Memorial Park Corp reported income of $93k and spending of $66k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $93k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Danny Smith Memorial Park Corp sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within IN. Charities of a similar size with the same main cause include Burnet County Rodeo Association ($93k), South Plainfield Junior Baseball Club ($93k) and Fort Collins Pond Hockey Association ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 42% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.