Norman Park Foundation Inc

Analysis

Norman Park Foundation Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in May 1985, 41 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 2023, Norman Park Foundation Inc reported income of $90k and spending of $176k, spending 194% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $19k to $90k (+364%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 104147%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norman Park Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within OK. Charities of a similar size with the same main cause include Parish Mansions ($90k), Grande Ronde Symphony Association ($90k) and Suffield Soccer Club Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.