Friends of Graham Recreation and Parks

Analysis

Friends of Graham Recreation and Parks is a registered charity in United States, based in Graham, NC. It received its IRS tax-exemption ruling in June 2016, 10 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 Graham Recreation and Parks reported income of $128k and spending of $52k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $31k to $128k (+316%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 6297%. Over the whole period it spent 76% 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 Graham Recreation and Parks sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Clearwater Foundation Inc ($128k), 203 Squash Association Inc ($128k) and Travelers United Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.