Providence Landing Park Association

Analysis

Providence Landing Park Association is a registered charity in United States, based in Lompoc, CA. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Providence Landing Park Association reported income of $186k and spending of $211k, spending 114% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $226k to $186k (-18%), an average of -9.2% a year. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Providence Landing Park Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Cape Cod Challenger Club Inc ($186k), Two Harbors Youth Hockey Association Inc ($186k) and California Youth Shooting Sports Association Inc ($186k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.