Parks and Recreation Partners of Universal City

Analysis

Parks and Recreation Partners of Universal City is a registered charity in United States, based in Universal Cty, TX. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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, Parks and Recreation Partners of Universal City reported income of $54k and spending of $41k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $39k to $54k (+38%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parks and Recreation Partners of Universal City sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($54k), Society of Mayflower Descendents in the State of New Jersey ($54k) and Florence Senior Community Center ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.1% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.