City of Weirton Board of Park Commissioners

Analysis

City of Weirton Board of Park Commissioners is a registered charity in United States, based in Weirton, WV. It received its IRS tax-exemption ruling in February 2000, 26 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 June 2023, City of Weirton Board of Park Commissioners reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, City of Weirton Board of Park Commissioners sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within WV. Charities of a similar size with the same main cause include Madison Ice Inc ($1.4m), Spring Valley Athletic Association ($1.4m) and 18th Ward ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $93k (7.2% of expenses). Other salaries and wages came to $404k. At year end it held assets of $2.0m against liabilities of $98k, net assets of $1.9m. It reported 53 employees.