Friends of Santa Cruz State Parks

Analysis

Friends of Santa Cruz State Parks is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in March 1976, 50 years ago. 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, Friends of Santa Cruz State Parks reported income of $5.9m and spending of $7.1m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.0m to $5.9m (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Santa Cruz State Parks sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include The Converse Home Inc ($5.9m), Data & Society Research Institute ($5.9m) and Innovation Development Institute Inc ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $370k (5.2% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $7.6m against liabilities of $2.1m, net assets of $5.5m. It reported 153 employees.