Paradise Park Foundation

Analysis

Paradise Park Foundation is a registered charity in United States, based in Paradise, PA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Paradise Park Foundation reported income of $69k and spending of $72k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $57k to $69k (+22%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Paradise Park Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Kent Rotary Foundation ($69k), Taylor County Development Authority Incorporated ($69k) and Building Equal Bridges Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 45% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.