Noma Parks Foundation

Analysis

Noma Parks Foundation is a registered charity in United States, based in Washington, DC. 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 September 2023, Noma Parks Foundation reported income of $1.1m and spending of $1.5m, spending 140% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.1m to $1.1m (-83%), an average of -36% a year. The sharpest change came in the year to September 2020, when income rose by 123%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Noma Parks Foundation sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 56th percentile within DC. Charities of a similar size with the same main cause include Wendy Hilliard Foundation ($1.1m), Kentucky Golf Association Inc ($1.1m) and Madison County Agricultural Society ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $719k against liabilities of $34k, net assets of $685k.