Three Crowns Park

Analysis

Three Crowns Park is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Three Crowns Park reported income of $17.8m and spending of $20.8m, spending 117% of what it took in. Across the 6 years on record, from March 2019 to September 2023, income grew from $14.4m to $17.8m (+24%), an average of +4.4% a year. The sharpest change came in the year to September 2022, when income rose by 110%. Over the whole period it spent 135% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Three Crowns Park sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Ocean State Job Lot Charitable Foundation ($17.8m), Young Mens Christian Association of Greater Nashua ($17.8m) and Lafh Phase II Qalicb Inc ($17.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $189k (0.9% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $91.5m against liabilities of $86.5m, net assets of $5.1m. It reported 204 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.