Salem Parks Foundation

Analysis

Salem Parks Foundation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in January 2001, 25 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 September 2024, Salem Parks Foundation reported income of $90k and spending of $36k, leaving 60% of income unspent that year. Across the 3 years on record, from September 2022 to September 2024, income grew from $86k to $90k (+4.8%), an average of +2.4% a year. The sharpest change came in the year to September 2024, when income rose by 44%. Over the whole period it spent 40% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Salem Parks Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OR. Charities of a similar size with the same main cause include Miracle League of Findlay ($90k), Pittsburgh Gaelic Athletic Association ($90k) and Lady Warriors Summer Softball ($90k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.