Palisades Tahoe Community Foundation

Analysis

Palisades Tahoe Community Foundation is a registered charity in United States, based in Olympic Vly, CA. It received its IRS tax-exemption ruling in July 2010, 16 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 June 2023, Palisades Tahoe Community Foundation reported income of $175k and spending of $167k, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $100k to $175k (+75%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Palisades Tahoe Community Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Azle Baseball & Softball Association Inc ($175k), Hudson Raider Shooting Club Inc ($175k) and Camp Saint Andrews of the Diocese of El Camino Real ($175k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.