Denton Parks Foundation

Analysis

Denton Parks Foundation is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in May 1989, 37 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, Denton Parks Foundation reported income of $194k and spending of $160k, spending 82% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $114k to $194k (+70%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 251%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Denton Parks Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include St Marks Nursery School ($194k), Thomas Jefferson High School for Science & Technology Crew Booster ($194k) and Habitat for Humanity International Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $364k against liabilities of $0, net assets of $364k.