Connecting Point of Park Cities

Analysis

Connecting Point of Park Cities is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Connecting Point of Park Cities reported income of $810k and spending of $541k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $700k to $810k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connecting Point of Park Cities sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Kingdom Living Iowa ($810k), Freeborn County Agricultural Society ($810k) and Nathans Friends ($810k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Other salaries and wages came to $306k. At year end it held assets of $1.1m against liabilities of $7,710, net assets of $1.1m. It reported 9 employees.