Mat-Su Trails & Parks Foundation

Analysis

Mat-Su Trails & Parks Foundation is a registered charity in United States, based in Palmer, AK. It received its IRS tax-exemption ruling in September 2014, 12 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, Mat-Su Trails & Parks Foundation reported income of $1.1m and spending of $1.2m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $604k to $1.1m (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mat-Su Trails & Parks Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within AK. Charities of a similar size with the same main cause include San Carlos United Soccer Club Inc ($1.1m), Ralph Wilson Park Conservancy Inc ($1.1m) and Philadelphia Union Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $116k. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $707k. It reported 3 employees.