Railroad Park Foundation

Analysis

Railroad Park Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 2003, 23 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, Railroad Park Foundation reported income of $1.7m and spending of $1.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $878k to $1.7m (+91%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 88%. 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, Railroad Park Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Delmarva Aces Baseball and Softball Inc ($1.7m), Spokane Shadow Youth Soccer Club a Nonprofit Corporation ($1.7m) and Flag Star Football Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $143k (8.3% of expenses). Other salaries and wages came to $489k. At year end it held assets of $1.8m against liabilities of $45k, net assets of $1.7m. It reported 10 employees.