Friends of the Montpelier Parks

Analysis

Friends of the Montpelier Parks is a registered charity in United States, based in Montpelier, OH. It received its IRS tax-exemption ruling in June 2005, 21 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 the Montpelier Parks reported income of $102k and spending of $117k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $102k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 133% 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 the Montpelier Parks sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($102k), Wisconsin Interscholastic Horsemanship Association ($102k) and Smoky Mountain Swim Team Inc ($102k).

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 $151k against liabilities of $0, net assets of $151k.