Friends of Rea Park Inc

Analysis

Friends of Rea Park Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in February 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, Friends of Rea Park Inc reported income of $188k and spending of $939, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $188k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 0.9% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Rea Park Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Mentor Girls Softball League ($188k), Mid-Hudson Aquatics Inc ($188k) and Maine Gearshare ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $569k against liabilities of $0, net assets of $569k.