L&a Park Foundation Inc

Analysis

L&a Park Foundation Inc is a registered charity in United States, based in Delphi, IN. It received its IRS tax-exemption ruling in January 2018, 8 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, L&a Park Foundation Inc reported income of $149k and spending of $265k, spending 178% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $413k to $149k (-64%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 61%. Over the whole period it spent 48% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, L&a Park Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include International Mountain Bicycling Association ($148k), Jackson Select Soccer Club Inc ($149k) and R F Youth Boxing Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $876k against liabilities of $0, net assets of $876k.