Richland Carrousel Park Inc

Analysis

Richland Carrousel Park Inc is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in September 1988, 38 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, Richland Carrousel Park Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $669k to $1.1m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richland Carrousel Park Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Education Foundation for Billings Public Schools ($1.1m), Habitat for Humanity International Inc ($1.1m) and Friends of McMaster Incorporated ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 12% of the total. Other salaries and wages came to $741k. At year end it held assets of $644k against liabilities of $47k, net assets of $597k. It reported 39 employees.