Holloway Park Foundation Inc

Analysis

Holloway Park Foundation Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in October 2011, 15 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, Holloway Park Foundation Inc reported income of $101k and spending of $292k, spending 289% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $101k (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 245%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Holloway Park Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Upper Arlington High School Football Association ($101k), Grand Blanc Youth Football Inc ($101k) and Hammonton Youth Soccer Association ($101k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 77% of the total. Other salaries and wages came to $183k. At year end it held assets of $6.1m against liabilities of $77k, net assets of $6.0m.