Flat Rock Park and Recreation Foundation Inc

Analysis

Flat Rock Park and Recreation Foundation Inc is a registered charity in United States, based in Flat Rock, NC. It received its IRS tax-exemption ruling in July 2014, 12 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, Flat Rock Park and Recreation Foundation Inc reported income of $221k and spending of $143k, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $172k to $221k (+28%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Flat Rock Park and Recreation Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Noxubee County Activity League ($221k), Indy Genesis Ltd ($221k) and Orange County Sports Commission Inc ($221k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. It paid $2,880 in professional fundraising fees. At year end it held assets of $597k against liabilities of $0, net assets of $597k.