Washington Park Foundation Inc

Analysis

Washington Park Foundation Inc is a registered charity in United States, based in Washington DT, CT. It received its IRS tax-exemption ruling in March 2014, 12 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, Washington Park Foundation Inc reported income of $320k and spending of $270k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $320k (+116%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Washington Park Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Asa USA Softball of Massachusetts ($320k), Southern Sand Volleyball Academy ($320k) and Havre Youth Hockey Association ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 15% of the total. At year end it held assets of $2.3m against liabilities of $2,850, net assets of $2.3m.