Friends of Memorial Park Pool Inc

Analysis

Friends of Memorial Park Pool Inc is a registered charity in United States, based in Shippensburg, PA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Friends of Memorial Park Pool Inc reported income of $53k and spending of $1,619, leaving 97% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $53k (+6.9%), an average of +6.9% a year. Over the whole period it spent 7.7% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Memorial Park Pool Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Historical Society of the Tonawandas Inc ($53k), Amherst Historical Society ($53k) and Big Stone County Historical Society ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $391k against liabilities of $0, net assets of $391k.