Bridle Trails Park Foundation

Analysis

Bridle Trails Park Foundation is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in November 2002, 24 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, Bridle Trails Park Foundation reported income of $191k and spending of $174k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $286k to $191k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 54% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bridle Trails Park Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Little League Baseball Inc ($191k), Port Angeles Baseball ($191k) and Dupont Circle Club Inc ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 0.6% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.