Waukegan Parks Foundation

Analysis

Waukegan Parks Foundation is a registered charity in United States, based in Waukegan, IL. It received its IRS tax-exemption ruling in April 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 April 2024, Waukegan Parks Foundation reported income of $70k and spending of $102k, spending 144% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income grew from $59k to $70k (+19%), an average of +20% a year. The sharpest change came in the year to April 2024, when income rose by 19%. Over the whole period it spent 144% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waukegan Parks Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include Northwest Barrel Racing Association ($70k), Greater Morris County Junior School Coaches Association Inc ($71k) and USA Ultimate Foundation ($70k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 49% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.