Friends of Blue Mound State Park Inc

Analysis

Friends of Blue Mound State Park Inc is a registered charity in United States, based in Mount Horeb, WI. It received its IRS tax-exemption ruling in June 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Blue Mound State Park Inc reported income of $131k and spending of $26k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $131k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 189%. 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 Blue Mound State Park Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include Leominster Youth Soccer Inc ($131k), Loudoun South Eagles Baseball Club ($131k) and Upside Athletics ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $375k against liabilities of $237, net assets of $375k.