Forest Park Foundation

Analysis

Forest Park Foundation is a registered charity in United States, based in Crystal Falls, MI. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Forest Park Foundation reported income of $129k and spending of $13k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $129k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 353%. Over the whole period it spent 5.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forest Park Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Kids Chance of Wisconsin Inc ($129k), Academy for Competent Youth Work ($129k) and Helix Bar Review Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.