Park Management Company Inc

Analysis

Park Management Company Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in June 2020, 6 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, Park Management Company Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $791k to $1.3m (+61%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Park Management Company Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include LGKM ($1.3m), Grand Strand Juniors Volleyball Club ($1.3m) and Yuba Community College District Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $436k (34% of expenses). Other salaries and wages came to $577k. At year end it held assets of $157k against liabilities of $157k, net assets of $0. It reported 21 employees.