Yosemite Foundation

Analysis

Yosemite Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1993, 33 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, Yosemite Foundation reported income of $23.6m and spending of $19.6m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.0m to $23.6m (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Yosemite Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include American Royal Association ($23.5m), South Florida Fair and Expositions Inc ($24.5m) and City Parks Foundation Inc ($23.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $855k (4.4% of expenses). Other salaries and wages came to $4.2m. It paid $180k in professional fundraising fees. At year end it held assets of $46.1m against liabilities of $5.1m, net assets of $41.1m. It reported 99 employees.