San Mateo City Parks and Recreation Foundation

Analysis

San Mateo City Parks and Recreation Foundation is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in June 2012, 14 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 2022, San Mateo City Parks and Recreation Foundation reported income of $124k and spending of $12k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $262k to $124k (-53%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 8.2% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Mateo City Parks and Recreation Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include River Park Baseball Inc ($124k), Cougar Football Club ($124k) and Little River Community Complex Inc ($124k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $454k against liabilities of $0, net assets of $454k.