Friends of Fontana Park Inc

Analysis

Friends of Fontana Park Inc is a registered charity in United States, based in Hazleton, IA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Fontana Park Inc reported income of $131k and spending of $257k, spending 196% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $131k (+105%), an average of +105% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 162% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Fontana Park Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include Sunshine 411 Foundation Inc ($131k), Danbury Local Schools Parent Teacher Community Organization ($131k) and Class Academy Parent Association Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 30% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.