Newton Park Inc

Analysis

Newton Park Inc is a registered charity in United States, based in Lakeville, IN. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a private operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Newton Park Inc reported income of $736k and spending of $1.1m, spending 156% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $857k to $736k (-14%), an average of -14% a year. Over the whole period it spent 139% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newton Park Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Bays Inc ($735k), Lawrence County Farm Show Inc ($736k) and Greater Life Inc ($735k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Other salaries and wages came to $214k. At year end it held assets of $5.0m against liabilities of $12k, net assets of $5.0m. It reported 28 employees.