Blank Park Endowment Corporation

Analysis

Blank Park Endowment Corporation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Blank Park Endowment Corporation reported income of $222k and spending of $527k, spending 237% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $218k to $222k (+2.1%), an average of +0.5% a year. The sharpest change came in the year to March 2020, when income rose by 433%. Over the whole period it spent 141% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Blank Park Endowment Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Elite Equine Rescue ($222k), Terolyn Horse Rescue Inc ($222k) and Wags 2 Wishes Animal Rescue Inc ($222k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 8.1% of the total. At year end it held assets of $8.7m against liabilities of $188k, net assets of $8.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.