Redding Parks Foundation

Analysis

Redding Parks Foundation is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in June 2017, 9 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, Redding Parks Foundation reported income of $141k and spending of $79k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $141k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Redding Parks Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Mukwonago Braves Football Assn ($141k), Little League Baseball Inc ($141k) and Hillsdale Range & Training Facility of East Central Kansas ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 80% of the total. At year end it held assets of $98k against liabilities of $3,773, net assets of $94k.