White Pool House Friends

Analysis

White Pool House Friends is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, White Pool House Friends reported income of $132k and spending of $130k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $132k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, White Pool House Friends sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Local Routes Foundation ($132k), For Love & Art ($132k) and Coral Springs Festival of the Arts Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $22k (17% of expenses). Other salaries and wages came to $34k. At year end it held assets of $763k against liabilities of $2,779, net assets of $760k.