Friends of Harrison Park Inc

Analysis

Friends of Harrison Park Inc is a registered charity in United States, based in Ellijay, GA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Friends of Harrison Park Inc reported income of $70k and spending of $57k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $70k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of Harrison Park Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include Mount Holly Community Development Foundation Inc ($70k), Sergeant Bluff Community Development Corporation ($70k) and Golden Prairie Honey Farms Corp ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 11% of the total. At year end it held assets of $68k against liabilities of $3,355, net assets of $65k.