Beaumont-Cherry Valley Recreation and Park Improvement Corporation

Analysis

Beaumont-Cherry Valley Recreation and Park Improvement Corporation is a registered charity in United States, based in Beaumont, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Beaumont-Cherry Valley Recreation and Park Improvement Corporation reported income of $79k and spending of $582k, spending 735% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $405k to $79k (-80%), an average of -42% a year. The sharpest change came in the year to June 2021, when income rose by 1963%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beaumont-Cherry Valley Recreation and Park Improvement Corporation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Ptsa Connecticut Inc ($79k), Elida Educational Foudnation ($79k) and Spirit of 76 Boosters ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $273k against liabilities of $23k, net assets of $250k.