Des Moines Park & Recreation Foundation

Analysis

Des Moines Park & Recreation Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in March 1997, 29 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, Des Moines Park & Recreation Foundation reported income of $4.1m and spending of $272k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $498k to $4.1m (+714%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 365%. Over the whole period it spent 41% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Des Moines Park & Recreation Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include Waller County Fair Association ($4.0m), Harlem Community Center ($4.1m) and Open Squash Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.