Friends of Parks and Recreation

Analysis

Friends of Parks and Recreation is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in January 1984, 42 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 Parks and Recreation reported income of $106k and spending of $127k, spending 120% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $90k to $106k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Parks and Recreation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Afrikan Heritage and Culture Village of Memphis ($106k), Jordan Area Community Council- J a a C ($106k) and Tennessee Head Start Association Inc ($106k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.