Park Foundation Inc

Analysis

Park Foundation Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Park Foundation Inc reported income of $1.9m and spending of $1.6m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+10.0%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Park Foundation Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within AR. Charities of a similar size with the same main cause include Move Stanislaus Transportation ($1.9m), The Billionaire Womens Club Charity ($1.9m) and Community Home Environmental Learning Project Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $19.5m against liabilities of $0, net assets of $19.5m.