Oakland Parks and Recreation Foundation

Analysis

Oakland Parks and Recreation Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 1981, 45 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 2022, Oakland Parks and Recreation Foundation reported income of $2.1m and spending of $1.3m, leaving 37% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.5m to $2.1m (+35%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 260%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oakland Parks and Recreation Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Meadowbrook Foundation Inc ($2.1m), Vermont Adaptive Ski & Sports ($2.1m) and Southern Intercollegiate Athletic Conference Inc ($2.1m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $158k (12% of expenses). Other salaries and wages came to $156k. At year end it held assets of $3.1m against liabilities of $60k, net assets of $3.1m. It reported 4 employees.