Kent County Parks Foundation

Analysis

Kent County Parks Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Kent County Parks Foundation reported income of $552k and spending of $1.6m, spending 289% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $887k to $552k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 628%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kent County Parks Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Chesapeake Christian Academy ($552k), St Petersburg Neighborhood Housing Services Inc ($552k) and Petal School District Education Foundation Trust Inc ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $107k (6.7% of expenses). At year end it held assets of $2.2m against liabilities of $8,675, net assets of $2.2m. It reported 1 employees.