Illinois Park & Recreation FNDTN

Analysis

Illinois Park & Recreation FNDTN is a registered charity in United States, based in Hinsdale, IL. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Illinois Park & Recreation FNDTN reported income of $53k and spending of $44k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $69k to $53k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Illinois Park & Recreation FNDTN sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Gibson County Pioneer Quarterback Club ($53k), Kings Way Foundation ($53k) and St Johns Catholic Communityfoundation ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $623k against liabilities of $1,500, net assets of $622k.