Friends of Mill Valley Parks and Recreation

Analysis

Friends of Mill Valley Parks and Recreation is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Mill Valley Parks and Recreation reported income of $181k and spending of $49k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $181k (+132%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 110%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Mill Valley Parks and Recreation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Nuremberg-Weston Volunteer Fire Company ($181k), Ravenswood Classroom Partners ($181k) and Good Health Ideas Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $676k against liabilities of $0, net assets of $676k.