Cedarburg Friends of Parks and Recreation Inc

Analysis

Cedarburg Friends of Parks and Recreation Inc is a registered charity in United States, based in Cedarburg, WI. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cedarburg Friends of Parks and Recreation Inc reported income of $98k and spending of $133k, spending 136% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $256k to $98k (-62%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cedarburg Friends of Parks and Recreation Inc 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 35th percentile within WI. Charities of a similar size with the same main cause include Casper Wrestling Club ($98k), Bolduc Park Association ($98k) and Pacific Coast International Youth Baseball Association ($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.