Magalia Community Park

Analysis

Magalia Community Park is a registered charity in United States, based in Magalia, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Magalia Community Park reported income of $180k and spending of $96k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $180k (+12%), an average of +12% a year. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Magalia Community Park sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Seeds of Strength Giving Circle ($180k), Grace Giving International ($180k) and Blue Ridge Kiwanis Foundation Inc ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.