Boulder Parks and Recreation Foundation Inc

Analysis

Boulder Parks and Recreation Foundation Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in September 1976, 50 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 December 2023, Boulder Parks and Recreation Foundation Inc reported income of $383k and spending of $381k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $404k to $383k (-5.3%), an average of -1.4% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boulder Parks and Recreation Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Biblical Discipleship Ministries ($383k), Volunteers of America Inc ($383k) and Token III Club Inc 4014 Dutchmans LN ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $126k. At year end it held assets of $554k against liabilities of $2,617, net assets of $551k. It reported 3 employees.