Tallahassee Friends of Our Parks Foundation Inc

Analysis

Tallahassee Friends of Our Parks Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in June 1982, 44 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, Tallahassee Friends of Our Parks Foundation Inc reported income of $256k and spending of $287k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $256k (+4.2%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tallahassee Friends of Our Parks Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Douglas County Stingrays Inc ($256k), Bobcat Booster Club Inc ($256k) and Electric City Runners Corporation ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.