Guadalupe-Parkway Neighborhood Center of Lubbock Inc

Analysis

Guadalupe-Parkway Neighborhood Center of Lubbock Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in May 1974, 52 years ago. 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, Guadalupe-Parkway Neighborhood Center of Lubbock Inc reported income of $738k and spending of $690k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $931k to $738k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guadalupe-Parkway Neighborhood Center of Lubbock Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Atlanta Fire Rescue Foundation Inc ($738k), Corner Table Inc ($738k) and Oxford Ambulance Association Inc ($738k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $88k (13% of expenses). Other salaries and wages came to $201k. At year end it held assets of $3.3m against liabilities of $19k, net assets of $3.3m. It reported 25 employees.