Bays Mountain Park Association

Analysis

Bays Mountain Park Association is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in June 1979, 47 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 June 2023, Bays Mountain Park Association reported income of $51k and spending of $1.1m, spending 2069% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $152k to $51k (-66%), an average of -30% a year. The sharpest change came in the year to June 2021, when income rose by 885%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bays Mountain Park Association sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Hy-View Fire Company Inc ($51k), Pride of Ontario County Blue Star Mothers Inc ($51k) and Monroe Elementary Parent Teacher Organization Inc ($51k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $364k against liabilities of $0, net assets of $364k.