San Mateo County Parks and Recreation Foundation

Analysis

San Mateo County Parks and Recreation Foundation is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in February 1999, 27 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 2023, San Mateo County Parks and Recreation Foundation reported income of $768k and spending of $695k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $407k to $768k (+89%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 50%. 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, San Mateo County Parks and Recreation Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Temecula Triton Swim Club ($768k), Lewis County Agricultural Society ($768k) and Cardinal Greenway Inc ($767k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $106k (15% of expenses). Other salaries and wages came to $95k. It paid $10k in professional fundraising fees. At year end it held assets of $688k against liabilities of $8,791, net assets of $679k. It reported 3 employees.