Friends of Wayne County Parks

Analysis

Friends of Wayne County Parks is a registered charity in United States, based in Westland, MI. It received its IRS tax-exemption ruling in May 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 December 2023, Friends of Wayne County Parks reported income of $609k and spending of $280k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $609k (+352%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 561%. Over the whole period it spent 67% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Wayne County Parks sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($609k), International Freeskiing Association ($609k) and St Andrew Rowing Club Inc ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. At year end it held assets of $862k against liabilities of $0, net assets of $862k.