Friends of the Pool and Park Foundation

Analysis

Friends of the Pool and Park Foundation is a registered charity in United States, based in Chinook, MT. It received its IRS tax-exemption ruling in September 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, Friends of the Pool and Park Foundation reported income of $75k and spending of $40k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $75k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 37% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of the Pool and Park Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MT. Charities of a similar size with the same main cause include O M N I Swim Club Inc ($75k), Premier Youth Athletic Development ($75k) and Summit Gymnastics ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 66% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.