Devils Lake Parks and Recreation Foundation

Analysis

Devils Lake Parks and Recreation Foundation is a registered charity in United States, based in Devils Lake, ND. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Devils Lake Parks and Recreation Foundation reported income of $99k and spending of $97k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $128k to $99k (-23%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Devils Lake Parks and Recreation Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 28th percentile within ND. Charities of a similar size with the same main cause include Issaquah Youth Football ($99k), Susquehanna Valley Youth Hockey Club ($99k) and Fast Club of Oshkosh Inc ($99k).

Other salaries and wages came to $26k. At year end it held assets of $41k against liabilities of $3,229, net assets of $38k. It reported 10 employees.