Greenwood Parks Foundation Inc

Analysis

Greenwood Parks Foundation Inc is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in July 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 (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, Greenwood Parks Foundation Inc reported income of $95k and spending of $57k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $95k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 57% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greenwood Parks Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IN. Charities of a similar size with the same main cause include Alaska Arctic Junior Ice Hockey ($94k), Upstate Golf Charities Inc ($95k) and Shuttleworth Park Foundation Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.