Utopia Park Board

Analysis

Utopia Park Board is a registered charity in United States, based in Utopia, TX. It received its IRS tax-exemption ruling in August 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 December 2023, Utopia Park Board reported income of $190k and spending of $105k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $190k (+330%), an average of +330% a year. The sharpest change came in the year to December 2023, when income rose by 330%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Utopia Park Board sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Discover Dressage Inc ($190k), Little League Baseball Inc ($190k) and Rocky Mountain Riding Therapy ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 9.0% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.