Hemisfair Conservancy

Analysis

Hemisfair Conservancy is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 2014, 12 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 2023, Hemisfair Conservancy reported income of $2.8m and spending of $2.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.8m (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hemisfair Conservancy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Usta Hawaii Pacific Inc ($2.8m), Bainbridge Island Youth Soccer Club ($2.8m) and Christian Camp and Conference Association International ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $171k (6.9% of expenses). Other salaries and wages came to $343k. At year end it held assets of $2.4m against liabilities of $20k, net assets of $2.4m. It reported 8 employees.