Patrons for Bellaire Parks

Analysis

Patrons for Bellaire Parks is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in October 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Patrons for Bellaire Parks reported income of $71k and spending of $39k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income fell from $139k to $71k (-49%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Patrons for Bellaire Parks sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Everett Lacrosse Club ($71k), Taylor Sports Complex ($71k) and Sonoma Jr Dragons ($71k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 95% of the total. At year end it held assets of $370k against liabilities of $12k, net assets of $358k.