Ottawa County Parks Foundation Inc

Analysis

Ottawa County Parks Foundation Inc is a registered charity in United States, based in West Olive, MI. It received its IRS tax-exemption ruling in May 2016, 10 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, Ottawa County Parks Foundation Inc reported income of $549k and spending of $603k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $549k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 255%. Over the whole period it spent 43% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ottawa County Parks Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include RMD Community Sports Association ($548k), Severna Park Swimming Association Inc ($549k) and The Southern California High School Cycling League ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $40k (6.7% of expenses). At year end it held assets of $9.7m against liabilities of $483k, net assets of $9.2m. It reported 1 employees.