Marshall County Parks Incorporated

Analysis

Marshall County Parks Incorporated is a registered charity in United States, based in Benton, KY. It received its IRS tax-exemption ruling in June 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 June 2023, Marshall County Parks Incorporated reported income of $203k and spending of $82k, leaving 60% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $474k to $203k (-57%), an average of -25% a year. The sharpest change came in the year to June 2021, when income dropped by 82%. Over the whole period it spent 22% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Marshall County Parks Incorporated sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Asheville-Biltmore Volleyball Academy and Youth Athletic Associa ($203k), Virginia High School Rodeo Association Inc ($203k) and Pop Warner Little Scholars Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $798k against liabilities of $0, net assets of $798k.