The Foundation for Girsh Park

Analysis

The Foundation for Girsh Park is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in April 1999, 27 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, The Foundation for Girsh Park reported income of $646k and spending of $658k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $566k to $646k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 121% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Foundation for Girsh Park sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include C I R Inc ($646k), Kentucky Track and Cross Country Coaches Association ($647k) and Moore Youth Baseball Association Inc ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 40% of the total. Other salaries and wages came to $162k. At year end it held assets of $10.1m against liabilities of $534k, net assets of $9.6m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.