Whitestown Parks Foundation Inc

Analysis

Whitestown Parks Foundation Inc is a registered charity in United States, based in Whitestown, IN. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Whitestown Parks Foundation Inc reported income of $159k and spending of $111k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.7m to $159k (-91%), an average of -70% a year. The sharpest change came in the year to December 2022, when income dropped by 92%. Over the whole period it spent 11% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Whitestown Parks Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Irish Educational Foundation Inc ($159k), United Way of Unicoi County ($159k) and Azizi Life ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.