San Diego River Park Foundation

Analysis

San Diego River Park Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 2002, 24 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, San Diego River Park Foundation reported income of $3.0m and spending of $1.4m, leaving 55% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.5m to $3.0m (+22%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 148%. Over the whole period it spent 53% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Diego River Park Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Camp Nebagamon ($3.0m), Austin Performance Volleyball ($3.0m) and Amateur Athletic Union of the United States Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $131k (9.6% of expenses). Other salaries and wages came to $627k. At year end it held assets of $27.8m against liabilities of $1.5m, net assets of $26.2m. It reported 21 employees.