Boardman Arts Park Inc

Analysis

Boardman Arts Park Inc is a registered charity in United States, based in Delaware, OH. It received its IRS tax-exemption ruling in April 2019, 7 years ago. 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, Boardman Arts Park Inc reported income of $103k and spending of $73k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $103k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boardman Arts Park Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Vulnerable Adult Care Advocates Inc ($103k), PTA New York Congress ($103k) and Lakewood Economic Action Program Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. At year end it held assets of $115k against liabilities of $1,008, net assets of $114k.