Golden Park Restorations Inc

Analysis

Golden Park Restorations Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in December 2021, 5 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, Golden Park Restorations Inc reported income of $217k and spending of $195k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $197k to $217k (+10%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Golden Park Restorations Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Albany City Rocks Inc ($217k), Little League Baseball Inc ($217k) and Terrapin Wrestling Club Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 39% of the total. Other salaries and wages came to $86k. At year end it held assets of $191k against liabilities of $219k, net assets of -$28k. It reported 44 employees.