Friends of Great Smoky Mountain National Park Inc

Analysis

Friends of Great Smoky Mountain National Park Inc is a registered charity in United States, based in Kodak, TN. It received its IRS tax-exemption ruling in January 1996, 30 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, Friends of Great Smoky Mountain National Park Inc reported income of $5.9m and spending of $4.3m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $5.9m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Great Smoky Mountain National Park Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Fsga Foundation Inc ($5.9m), City of Midland Aquatics Inc ($5.9m) and Babe Ruth League Inc ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $228k (5.3% of expenses). Other salaries and wages came to $527k. At year end it held assets of $28.7m against liabilities of $719k, net assets of $28.0m. It reported 17 employees.