Palo Alto Recreation Foundation

Analysis

Palo Alto Recreation Foundation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in July 1989, 37 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Palo Alto Recreation Foundation reported income of $72k and spending of $32k, leaving 56% of income unspent that year. Across the 2 years on record, from June 2019 to June 2020, income fell from $75k to $72k (-3.5%), an average of -3.5% a year. Over the whole period it spent 46% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Palo Alto Recreation Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Oregon Youth Soccer Foundation ($72k), Westwood Area Youth Sports ($72k) and American Youth Football Inc ($72k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 82% and program service revenue 17% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.