Shelby Farms Park Conservancy

Analysis

Shelby Farms Park Conservancy is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 2008, 18 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 2024, Shelby Farms Park Conservancy reported income of $6.6m and spending of $5.5m, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.8m to $6.6m (+38%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shelby Farms Park Conservancy sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Massachusetts Interscholastic Athletic Association Inc ($6.5m), Usta Mid-Atlantic Foundation ($6.6m) and Fort Hays State Athletic Association ($6.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $306k (5.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $8.9m against liabilities of $950k, net assets of $8.0m. It reported 116 employees.