Greater Hayward Area Recreation & Park Foundation

Analysis

Greater Hayward Area Recreation & Park Foundation is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 Hayward Area Recreation & Park Foundation reported income of $411k and spending of $418k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.4m to $411k (-71%), an average of -34% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Hayward Area Recreation & Park Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Thanksgiving Heroes SLC Inc ($410k), Alamo Events Inc ($411k) and Equal Access to Justice Inc ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $170k (41% of expenses). Other salaries and wages came to $11k. At year end it held assets of $414k against liabilities of $2,310, net assets of $412k.