Friends of Corvallis Parks and Recreation

Analysis

Friends of Corvallis Parks and Recreation is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in June 2013, 13 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, Friends of Corvallis Parks and Recreation reported income of $200k and spending of $214k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $200k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Corvallis Parks and Recreation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OR. Charities of a similar size with the same main cause include River City Youth Hockey Inc ($200k), Alvarez Titans Football & Cheer ($200k) and Prism Moves ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $423k against liabilities of $0, net assets of $423k.