Denison Service League

Analysis

Denison Service League is a registered charity in United States, based in Denison, TX. It received its IRS tax-exemption ruling in August 1956, 70 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Denison Service League reported income of $104k and spending of $84k, spending 81% of its income. Across the 3 years on record, from March 2022 to June 2024, income grew from $77k to $104k (+35%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Denison Service League sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Economic Development Corporation of the County of Delta ($104k), Wild Bird Charity ($104k) and Forrest and Doris Sensenich Foundation ($104k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 68% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.