Evansville Parks Foundation Inc

Analysis

Evansville Parks Foundation Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in February 1982, 44 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, Evansville Parks Foundation Inc reported income of $929k and spending of $2.1m, spending 231% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $310k to $929k (+200%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 460%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Evansville Parks Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Fort Wayne Sport Club Youth Soccer Inc ($928k), Irvine Aquazot Swim Club ($929k) and Franklin-Simpson Parks Board ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $30k (1.4% of expenses). At year end it held assets of $590k against liabilities of $0, net assets of $590k. It reported 1 employees.