Thames River Heritage Park Foundation Inc

Analysis

Thames River Heritage Park Foundation Inc is a registered charity in United States, based in Groton, CT. It received its IRS tax-exemption ruling in August 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, Thames River Heritage Park Foundation Inc reported income of $270k and spending of $276k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $270k (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thames River Heritage Park Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Dearborn Adult Center Inc ($270k), Nevada Golden Spikes Baseball ($270k) and Rotterdam United Soccer Club ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.