Sierra State Parks Foundation

Analysis

Sierra State Parks Foundation is a registered charity in United States, based in Tahoe City, CA. It received its IRS tax-exemption ruling in December 1979, 47 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sierra State Parks Foundation reported income of $960k and spending of $953k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $858k to $960k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sierra State 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 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Amarillo Xtreme Volleyball ($960k), Illinois Professional Golfers Association Foundation Inc ($960k) and Hands on Sports Foundation Inc ($960k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $93k (9.7% of expenses). Other salaries and wages came to $432k. At year end it held assets of $2.0m against liabilities of $21k, net assets of $1.9m. It reported 4 employees.