Memorial Park District of the City of St Clairsvile and of Richland

Analysis

Memorial Park District of the City of St Clairsvile and of Richland is a registered charity in United States, based in St Clairsvle, OH. It received its IRS tax-exemption ruling in September 1954, 72 years ago. 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, Memorial Park District of the City of St Clairsvile and of Richland reported income of $454k and spending of $443k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $694k to $454k (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memorial Park District of the City of St Clairsvile and of Richland sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Chehalis Valley Educational Foundation ($454k), Literacy Council of Norristown Inc ($454k) and Christian Concern Management and Development Corp ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $106k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 26 employees.