Iowa Parks and Recreation Association Inc

Analysis

Iowa Parks and Recreation Association Inc is a registered charity in United States, based in Grinnell, IA. It received its IRS tax-exemption ruling in December 1977, 49 years ago. 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 June 2023, Iowa Parks and Recreation Association Inc reported income of $422k and spending of $403k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $388k to $422k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa Parks and Recreation Association Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Central Rappahannock River Habitat for Humanity ($422k), Union Meadows Housing Development Fund Company Inc ($422k) and The Hub of Hope Inc ($422k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $104k (26% of expenses). Other salaries and wages came to $42k. At year end it held assets of $347k against liabilities of $1,765, net assets of $346k. It reported 2 employees.