Siti and Jido Park Foundation

Analysis

Siti and Jido Park Foundation is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Siti and Jido Park Foundation reported income of $657k and spending of $647k, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $504k to $657k (+30%), an average of +5.5% a year. The sharpest change came in the year to December 2019, when income rose by 68%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Siti and Jido Park Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Care Center of Loveland ($657k), Assistance League of Eugene ($657k) and Tri-County Independent Living Center Inc ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $370k. At year end it held assets of $1.3m against liabilities of $399k, net assets of $872k. It reported 20 employees.