Kokomo Park Band Inc

Analysis

Kokomo Park Band Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in November 1989, 37 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, Kokomo Park Band Inc reported income of $103k and spending of $101k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $103k (-0.7%), an average of -0.7% a year. 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, Kokomo Park Band Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include St George Pathfinders of America ($103k), Reaching Your Dream Learning Center ($103k) and New Music Circle ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.