Friends of San Clemente Beaches Parks & Recreation Foundation Inc

Analysis

Friends of San Clemente Beaches Parks & Recreation Foundation Inc is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. 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, Friends of San Clemente Beaches Parks & Recreation Foundation Inc reported income of $67k and spending of $36k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $67k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of San Clemente Beaches Parks & Recreation Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Catalina Rotary Foundation Inc ($67k), Iglesia Evangelica Bautista Inc ($67k) and PTA Delaware Congress ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $254k against liabilities of $8,816, net assets of $246k.