California State Parks Foundation

Analysis

California State Parks Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 1969, 57 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 June 2023, California State Parks Foundation reported income of $9.1m and spending of $9.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $9.1m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, California State Parks Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Warm Beach Christian Camps & Conference Center ($9.1m), Academy of Model Aeronautics Ama ($9.1m) and Aspen Valley Ski-Snowboard Club Inc ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $286k (3.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $18.3m against liabilities of $3.4m, net assets of $14.9m. It reported 26 employees.