Discovery Green Conservancy

Analysis

Discovery Green Conservancy is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2005, 21 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, Discovery Green Conservancy reported income of $10.5m and spending of $9.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $10.5m (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Discovery Green Conservancy sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Southern California Volleyball Association ($10.5m), The Skating Club of Boston ($10.5m) and Patriot Foundation ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $266k (2.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $45.6m against liabilities of $1.1m, net assets of $44.5m. It reported 52 employees.