Cedar Creek Lake Parrothead Club

Analysis

Cedar Creek Lake Parrothead Club is a registered charity in United States, based in Kemp, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Cedar Creek Lake Parrothead Club reported income of $123k and spending of $139k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $123k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cedar Creek Lake Parrothead Club sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Ezra Lisomim Inc ($123k), Salinas Rotary Club Charitable Fund ($123k) and Kaleidoscope Fighting Lupus ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.