Sierra Gold Parks Foundation

Analysis

Sierra Gold Parks Foundation is a registered charity in United States, based in Grass Valley, CA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Sierra Gold Parks Foundation reported income of $176k and spending of $155k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $95k to $176k (+86%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sierra Gold Parks Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include New Harmony Artists Guild Inc ($176k), Citrus County Art League Inc ($176k) and Flock Theatre Company ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. At year end it held assets of $633k against liabilities of $2,070, net assets of $631k.