Mt Helix Park Foundation

Analysis

Mt Helix Park Foundation is a registered charity in United States, based in LA Mesa, CA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Mt Helix Park Foundation reported income of $510k and spending of $458k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $249k to $510k (+105%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mt Helix Park Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Clay Fellowship Charitable TR ($510k), Anabi Family Foundation ($510k) and Davis Health System Foundation Inc ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $80k (17% of expenses). Other salaries and wages came to $41k. At year end it held assets of $3.3m against liabilities of $15k, net assets of $3.3m. It reported 3 employees.