Kalamazoo County Parks and Recreation Development Foundation

Analysis

Kalamazoo County Parks and Recreation Development Foundation is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in March 1990, 36 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 June 2023, Kalamazoo County Parks and Recreation Development Foundation reported income of $398k and spending of $45k, leaving 89% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $130k to $398k (+206%), an average of +32% a year. The sharpest change came in the year to June 2020, when income rose by 298%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kalamazoo County Parks and Recreation Development Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Southampton Soccer Club Limited ($398k), Munster Community Swim Asociation Inc ($398k) and Allamakee County Agricultural Association ($398k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $800k against liabilities of $8,820, net assets of $791k.