Cascade Locks Park Association

Analysis

Cascade Locks Park Association is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in December 1993, 33 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 (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, Cascade Locks Park Association reported income of $65k and spending of $114k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $65k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 135% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cascade Locks Park Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Duxbury Gridiron Club Inc ($65k), DHS Athletic Boosters Inc ($65k) and Napa Youth Lacrosse Club ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $27k (24% of expenses). Other salaries and wages came to $24k. At year end it held assets of $819k against liabilities of $594, net assets of $818k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.