Paris Recreational Endowment Trust

Analysis

Paris Recreational Endowment Trust is a registered charity in United States, based in Paris, IL. It received its IRS tax-exemption ruling in November 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Paris Recreational Endowment Trust reported income of $99k and spending of $52k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $76k to $99k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2024, when income rose by 74%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paris Recreational Endowment Trust 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 37th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Brooklyn Parents for Peace Inc ($99k), Cisd Educational Support Groups Inc ($99k) and Colorado Springs Debutante Ball Committee Inc ($99k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.2% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.