Memorial Park Association Inc

Analysis

Memorial Park Association Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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 2022, Memorial Park Association Inc reported income of $243k and spending of $514k, spending 211% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $317k to $243k (-23%), an average of -8.5% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memorial Park Association Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Transworld Accrediting Commission ($243k), Psychoanalytic Training Institute O F the Contemporary Freudian Societ ($243k) and Indian Lake Christian Service Camp ($243k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $953k against liabilities of $0, net assets of $953k.