Derivera Park Trustees

Analysis

Derivera Park Trustees is a registered charity in United States, based in Put in Bay, OH. It received its IRS tax-exemption ruling in December 1997, 29 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, Derivera Park Trustees reported income of $482k and spending of $269k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $482k (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 411%. Over the whole period it spent 45% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Derivera Park Trustees sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Greater Waco Sports Commission ($482k), Northern New Mexico Soccer Association ($482k) and Southern Maine Community Recreation Center ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $37k (14% of expenses). Other salaries and wages came to $44k. At year end it held assets of $3.1m against liabilities of $401k, net assets of $2.7m. It reported 9 employees.