Park District Foundation of Allen County

Analysis

Park District Foundation of Allen County is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in May 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Park District Foundation of Allen County reported income of $232k and spending of $105k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $308k to $232k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Park District Foundation of Allen County sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Trustees of the Free Public Library of the Borough of Pennington ($232k), Trustees of Purdue University ($232k) and Delta House Life Development of Asheville Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Other salaries and wages came to $6,930. At year end it held assets of $6.0m against liabilities of $1.1m, net assets of $4.9m. It reported 1 employees.