Mare Island Historic Park Foundatio N

Analysis

Mare Island Historic Park Foundatio N is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Mare Island Historic Park Foundatio N reported income of $126k and spending of $121k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $254k to $126k (-50%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mare Island Historic Park Foundatio N sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Shang Shung Institute of America Inc ($126k), Old Colony Players Inc ($126k) and Smith & Wesson Historicalfoundation ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 34% of the total. At year end it held assets of $325k against liabilities of $117k, net assets of $208k.