Grand Prairie Quality of Life Foundation Inc

Analysis

Grand Prairie Quality of Life Foundation Inc is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in October 1982, 44 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Grand Prairie Quality of Life Foundation Inc reported income of $56k and spending of $91k, spending 162% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $20k to $56k (+180%), an average of +67% a year. The sharpest change came in the year to December 2021, when income rose by 181%. Over the whole period it spent 167% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grand Prairie Quality of Life Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Acoel Foundation ($56k), Wood County Plays Inc ($56k) and Calistoga Community Chest ($56k).

At year end it held assets of $750k against liabilities of $0, net assets of $750k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.