New Braunfels Parks Foundation

Analysis

New Braunfels Parks Foundation is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in August 2006, 20 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, New Braunfels Parks Foundation reported income of $98k and spending of $35k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $98k (+109%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 261%. Over the whole period it spent 145% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Braunfels Parks Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Eastern Athletic Club Inc ($98k), Little League Baseball Inc ($98k) and Tri Valley Masters ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.