Bennett Family Park Inc

Analysis

Bennett Family Park Inc is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in July 1961, 65 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, Bennett Family Park Inc reported income of $205k and spending of $201k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $205k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 133% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bennett Family Park Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Kansas City Blues Rugby Football Club Inc ($205k), Hingham Community Center Corp ($205k) and Great Neck Athletic Association ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 50% of the total. Other salaries and wages came to $74k. At year end it held assets of $978k against liabilities of $0, net assets of $978k. It reported 14 employees.