White Rock Lake Foundation

Analysis

White Rock Lake Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Rock Lake Foundation reported income of $213k and spending of $283k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $174k to $213k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, White Rock Lake Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Orlando Thunder Water Polo Inc ($213k), Sarasota County Rowing Club Inc ($213k) and Groton Regional Youth Hockey Association Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.