Johnson City Parks and Recreation Foundation

Analysis

Johnson City Parks and Recreation Foundation is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in March 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 December 2023, Johnson City Parks and Recreation Foundation reported income of $53k and spending of $78k, spending 147% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $92k to $53k (-42%), an average of -24% a year. The sharpest change came in the year to December 2023, when income rose by 146%. Over the whole period it spent 145% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Johnson City Parks and Recreation Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Hub City Softball Association ($53k), Little League Baseball Inc ($53k) and Center Court Tennis ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.