Midland Downtown Park Conservancy

Analysis

Midland Downtown Park Conservancy is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in June 2020, 6 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 September 2023, Midland Downtown Park Conservancy reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income fell from $4.9m to $1.5m (-69%), an average of -32% a year. The sharpest change came in the year to September 2021, when income dropped by 60%. Over the whole period it spent 194% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midland Downtown Park Conservancy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Camp Peniel Inc ($1.5m), Datalys Center for Sports Injury Research and Prevention Inc ($1.5m) and B&o Trail Association Inc ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 7.7% of the total. Other salaries and wages came to $371k. At year end it held assets of $2.1m against liabilities of $18k, net assets of $2.1m. It reported 10 employees.