Dorothea Dix Park Conservancy

Analysis

Dorothea Dix Park Conservancy is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in October 2007, 19 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, Dorothea Dix Park Conservancy reported income of $14.5m and spending of $14.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $3.6m to $14.5m (+305%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 1554%. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dorothea Dix Park Conservancy sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include National Ability Center ($14.5m), Appalachian Trail Conservancy ($14.6m) and Miami-Dade County Fair & Exposition Inc ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $268k (1.9% of expenses). Other salaries and wages came to $646k. It paid $102k in professional fundraising fees. At year end it held assets of $26.8m against liabilities of $3.5m, net assets of $23.3m. It reported 8 employees.