Friends of Lake Sammamish State Park

Analysis

Friends of Lake Sammamish State Park is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in October 2014, 12 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 2023, Friends of Lake Sammamish State Park reported income of $142k and spending of $145k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $262k to $142k (-46%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Lake Sammamish State Park sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Toledo Junior Golf Association ($142k), Gatorball Foundation ($142k) and Chapel Hill Youth Baseball-Softball League ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.