Sioux City Parks & Recreation Foundation Inc

Analysis

Sioux City Parks & Recreation Foundation Inc is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in September 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, Sioux City Parks & Recreation Foundation Inc reported income of $2.3m and spending of $1.7m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $543k to $2.3m (+328%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 28% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sioux City Parks & Recreation Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Wharton County Youth Fair and Exposition ($2.3m), Vestavia Hills Soccer Club Incorporated ($2.3m) and Katy Aquatic Team for Youth Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.