Goltz Park Inc

Analysis

Goltz Park Inc is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in February 2011, 15 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, Goltz Park Inc reported income of $483k and spending of $469k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $483k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Goltz Park Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Arlington Recreational Soccer Inc ($483k), Bemidji Youth Hockey Association Inc ($483k) and Central Virginia Volleyball Incorporated ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 94% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.