Trinity Park Conservancy

Analysis

Trinity Park Conservancy is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Trinity Park Conservancy reported income of $6.0m and spending of $10.2m, spending 170% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $19.7m to $6.0m (-69%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 52% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Trinity Park Conservancy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Ampac Tri-State CDC Inc ($6.0m), City of Baltimore Development Corporation ($6.0m) and Communities in Schools of South Central Texas Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $1.2m (12% of expenses). Other salaries and wages came to $389k. It paid $191k in professional fundraising fees. At year end it held assets of $65.2m against liabilities of $26.9m, net assets of $38.3m. It reported 11 employees.