Anacortes Parks Foundation

Analysis

Anacortes Parks Foundation is a registered charity in United States, based in Anacortes, WA. It received its IRS tax-exemption ruling in August 1995, 31 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, Anacortes Parks Foundation reported income of $192k and spending of $225k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $199k to $192k (-3.2%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Anacortes Parks Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include West Wilson Basketball Association ($192k), Green Sea Floyds Athletic Booster Club Inc ($192k) and Austin Figure Skating Club ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $983k against liabilities of $402, net assets of $983k.