Quincy Park Foundation

Analysis

Quincy Park Foundation is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in December 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Quincy Park Foundation reported income of $76k and spending of $1,508, leaving 98% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $12k to $76k (+547%), an average of +154% a year. The sharpest change came in the year to December 2022, when income rose by 417%. Over the whole period it spent 448% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Quincy Park Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Washington Quarter Midget Association ($76k), Bike Buckeye Lake ($76k) and Bellingham Soccer Association Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $433k against liabilities of $0, net assets of $433k.