San Diego Parks Foundation

Analysis

San Diego Parks Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 2019, 7 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 December 2023, San Diego Parks Foundation reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $286k to $1.4m (+398%), an average of +71% a year. The sharpest change came in the year to December 2021, when income rose by 217%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Diego Parks Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Move United ($1.4m), McKee Parks Trails and Greenways ($1.4m) and Savannah United Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $57k (5.1% of expenses). Other salaries and wages came to $122k. At year end it held assets of $799k against liabilities of $127k, net assets of $672k. It reported 4 employees.