Akron Parks Collaborative

Analysis

Akron Parks Collaborative is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in March 2019, 7 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, Akron Parks Collaborative reported income of $983k and spending of $644k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $250k to $983k (+292%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Akron Parks Collaborative sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Camp Mitchell Incorporated ($983k), Woodhaven Camp Ground Association Inc ($984k) and Central Wisconsin State Fair Association of Marshfield Ltd ($982k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $97k (15% of expenses). Other salaries and wages came to $76k. At year end it held assets of $485k against liabilities of $427, net assets of $485k. It reported 3 employees.