Prince Georges County Parks and Recreation Foundation

Analysis

Prince Georges County Parks and Recreation Foundation is a registered charity in United States, based in Largo, MD. It received its IRS tax-exemption ruling in March 2015, 11 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, Prince Georges County Parks and Recreation Foundation reported income of $98k and spending of $152k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $98k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 77%. 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, Prince Georges County Parks and Recreation Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Pythian Camp ($98k), Centennial Park Figure Skating Club ($98k) and McIntosh High School Dugout Club Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.