Denton Community Market

Analysis

Denton Community Market is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Denton Community Market reported income of $177k and spending of $158k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $177k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Denton Community Market sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Intertwine Arts Inc ($177k), Live Music Fostering Community ($177k) and Live From Cains Inc ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. At year end it held assets of $99k against liabilities of $230, net assets of $99k.