Castle Rock Parks and Trails Foundation

Analysis

Castle Rock Parks and Trails Foundation is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in September 2013, 13 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, Castle Rock Parks and Trails Foundation reported income of $329k and spending of $657k, spending 199% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $419k to $329k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Castle Rock Parks and Trails Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Nlu Swim Team ($329k), Western Harnett Youth Recreation ($329k) and Delano Athletic Booster Club Inc ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $19k (2.9% of expenses). At year end it held assets of $131k against liabilities of $0, net assets of $131k.