Regional Parks Foundation

Analysis

Regional Parks Foundation is a registered charity in United States, based in Castro Valley, CA. It received its IRS tax-exemption ruling in May 1969, 57 years ago. 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, Regional Parks Foundation reported income of $2.9m and spending of $1.7m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.7m to $2.9m (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Regional Parks Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Amvets ($2.9m), Adams County Library System ($2.9m) and Troops First Foundation Incorporated ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. It paid $14k in professional fundraising fees. At year end it held assets of $21.8m against liabilities of $345k, net assets of $21.5m.