City Parks Alliance Inc

Analysis

City Parks Alliance Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2002, 24 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, City Parks Alliance Inc reported income of $1.7m and spending of $1.3m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.7m (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, City Parks Alliance Inc 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 85th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Acro-Sports Gymnastics and Sports Acrobatics Center ($1.7m), San Diego Shores Water Polo Club ($1.7m) and The Huddle a Sport Leadership Institute Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $282k (22% of expenses). Other salaries and wages came to $295k. At year end it held assets of $1.0m against liabilities of $246k, net assets of $766k. It reported 8 employees.