Valparaiso Parks and Recreation Foundation Inc

Analysis

Valparaiso Parks and Recreation Foundation Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in January 1990, 36 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, Valparaiso Parks and Recreation Foundation Inc reported income of $711k and spending of $1.2m, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $711k (+233%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 158%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valparaiso Parks and Recreation Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Student Senate of the State Univ of Ny Agricultura & Tech Et Al ($711k), Center for World Music ($712k) and Girls Incorporated of Meriden ($711k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $761k against liabilities of $6,279, net assets of $755k.