Watford City Parks & Recreation Foundation

Analysis

Watford City Parks & Recreation Foundation is a registered charity in United States, based in Watford City, ND. It received its IRS tax-exemption ruling in April 2020, 6 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, Watford City Parks & Recreation Foundation reported income of $86k and spending of $58k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $86k (+9.6%), an average of +9.6% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Watford City Parks & Recreation Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 24th percentile within ND. Charities of a similar size with the same main cause include Friends of Stonington Crew Inc ($86k), Avonworth Girls Athletic Association ($86k) and Franklin Pee-Wee Football Association Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.