Greater Metro Parks Foundation

Analysis

Greater Metro Parks Foundation is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Greater Metro Parks Foundation reported income of $5.5m and spending of $5.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $5.5m (+443%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 205%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Metro Parks Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Suncom Industries Inc ($5.5m), Habitat for Humanity International Inc ($5.5m) and Family Centered Services of CT ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $226k (4.4% of expenses). Other salaries and wages came to $77k. At year end it held assets of $8.2m against liabilities of $174k, net assets of $8.0m. It reported 3 employees.