Pease Park Conservancy

Analysis

Pease Park Conservancy is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2013, 13 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 2022, Pease Park Conservancy reported income of $1.9m and spending of $2.1m, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.0m to $1.9m (-37%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 184% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pease Park Conservancy sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Nashville United Soccer Academy ($1.9m), Ukandu ($1.9m) and Mobile Carnival Association Inc ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 103% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $408k (19% of expenses). Other salaries and wages came to $557k. It paid $7,350 in professional fundraising fees. At year end it held assets of $3.2m against liabilities of $153k, net assets of $3.0m. 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.