Morganton Park and Recreation Foundation Inc

Analysis

Morganton Park and Recreation Foundation Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in October 2025. 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 2020, Morganton Park and Recreation Foundation Inc reported income of $108k and spending of $27k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $99k to $108k (+8.8%), an average of +8.8% a year. Over the whole period it spent 18% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morganton Park and Recreation Foundation Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include White Bear Lacrosse Club ($108k), Libertyville Girls Softball Association ($108k) and F-S Quarterback Club Inc ($108k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 12% and program service revenue 83% of the total. At year end it held assets of $3.2m against liabilities of $419k, net assets of $2.8m.