Champaign Parks Foundation

Analysis

Champaign Parks Foundation is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in May 2006, 20 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 April 2023, Champaign Parks Foundation reported income of $1.2m and spending of $359k, leaving 71% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income grew from $320k to $1.2m (+285%), an average of +57% a year. The sharpest change came in the year to April 2023, when income rose by 333%. Over the whole period it spent 317% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Champaign Parks Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Ice Inc ($1.2m), 4g44 Esports Inc ($1.2m) and Lafayette Youth Soccer Association Inc ($1.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. At year end it held assets of $2.0m against liabilities of $160k, net assets of $1.8m.