Friends of Marshall Square Park

Analysis

Friends of Marshall Square Park is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in December 2018, 8 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 Marshall Square Park reported income of $159k and spending of $153k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $159k (+133%), an average of +133% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 97% 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 Marshall Square Park sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Allegany County Federation of Snowmobilers Inc ($159k), Brockport Soccer Club Inc ($159k) and Verona United Soccer Assoc Inc ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $53k against liabilities of $3,043, net assets of $50k.