Friends of Conshohocken Parks

Analysis

Friends of Conshohocken Parks is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Conshohocken Parks reported income of $57k and spending of $2,684, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $4,437 to $57k (+1182%), an average of +1182% a year. The sharpest change came in the year to December 2023, when income rose by 1182%. Over the whole period it spent 4.5% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Conshohocken Parks sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include Girls on the Run of the Big Bend Inc ($57k), TWH Fastpitch ($57k) and Veterans Memorial Park of Kentucky ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.