Dripping Springs Community Foundation

Analysis

Dripping Springs Community Foundation is a registered charity in United States, based in Dripping SPGS, TX. It received its IRS tax-exemption ruling in September 2000, 26 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, Dripping Springs Community Foundation reported income of $305k and spending of $111k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $305k (+106%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 322%. Over the whole period it spent 20% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dripping Springs Community Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Next Steps 4 Seniors Foundation ($305k), Greenwood Cemetery Association Corp ($305k) and Masiphumelele Corporation ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.