Odessa Ector Parks Foundation Inc

Analysis

Odessa Ector Parks Foundation Inc is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in December 1996, 30 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 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 September 2023, Odessa Ector Parks Foundation Inc reported income of $395k and spending of $211k, leaving 46% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $361k to $395k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to September 2022, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Odessa Ector Parks Foundation Inc 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 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include SHCC Supporting Inc ($395k), Blind Squirrel Charitable Corp ($395k) and Jamies Dream Team ($395k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.