Durham Parks Foundation

Analysis

Durham Parks Foundation is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in February 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 June 2023, Durham Parks Foundation reported income of $197k and spending of $138k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $295k to $197k (-33%), an average of -9.7% a year. The sharpest change came in the year to June 2020, when income dropped by 67%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Durham Parks Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include No Name Volleyball Club ($197k), Bronxville Youth Lacrosse Association Inc ($197k) and Butler United Soccer Club Inc ($197k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 7.7% of the total. At year end it held assets of $562k against liabilities of $0, net assets of $562k.