Black Hills Parks and Forests Association

Analysis

Black Hills Parks and Forests Association is a registered charity in United States, based in Hot Springs, SD. It received its IRS tax-exemption ruling in September 1968, 58 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 October 2023, Black Hills Parks and Forests Association reported income of $905k and spending of $861k, spending 95% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $483k to $905k (+87%), an average of +17% a year. The sharpest change came in the year to October 2021, when income rose by 473%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Black Hills Parks and Forests Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within SD. Charities of a similar size with the same main cause include Pasadena Strawberry Festival Inc ($904k), East Alton Civic Rink Management Inc ($906k) and Centex Volleyball Club Inc ($904k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 12% of the total. Compensation of current officers, directors and key employees was $97k (11% of expenses). Other salaries and wages came to $291k. At year end it held assets of $1.6m against liabilities of $86k, net assets of $1.6m. It reported 25 employees.