Midtown Parks

Analysis

Midtown Parks is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 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, Midtown Parks reported income of $130k and spending of $159k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $280k to $130k (-54%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midtown Parks sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Anchorage Volleyball Officials Association ($130k), Stoneham Soccer Club Inc ($130k) and Christian Schools Athletic Fellowship Incorporated ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.