Gilroy Gardens Family Theme Park

Analysis

Gilroy Gardens Family Theme Park is a registered charity in United States, based in Gilroy, CA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gilroy Gardens Family Theme Park reported income of $20.9m and spending of $18.9m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.2m to $20.9m (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 996%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Gilroy Gardens Family Theme Park sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include National Recreation & Park Association ($20.8m), Global Environment & Technology Foundation ($21.2m) and Climate Policy Initiative Inc ($20.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $628k (3.3% of expenses). At year end it held assets of $11.9m against liabilities of $3.7m, net assets of $8.3m. It reported 680 employees.