Friends of the Levitt Pavilion -Arlington

Analysis

Friends of the Levitt Pavilion -Arlington is a registered charity in United States, based in Arlington, TX. 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 December 2023, Friends of the Levitt Pavilion -Arlington reported income of $1.2m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+0.9%), an average of +0.2% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of the Levitt Pavilion -Arlington sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include American Sail Training Association ($1.2m), San Marcos Youth Soccer ($1.2m) and Silicon Valley Soccer Academy ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $131k (10% of expenses). Other salaries and wages came to $320k. At year end it held assets of $87k against liabilities of $255k, net assets of -$168k. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.