Park Forest Pool Association

Analysis

Park Forest Pool Association is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Park Forest Pool Association reported income of $200k and spending of $93k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $200k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 48% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Park Forest Pool Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Eatons Neck Youth Club Inc ($200k), Southeast Soccer Club ($200k) and Brainerd Blue Line Boosters ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $355k against liabilities of $140k, net assets of $215k.