Patriots Hall of Dripping Springs Inc

Analysis

Patriots Hall of Dripping Springs Inc is a registered charity in United States, based in Dripping SPGS, TX. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2023, Patriots Hall of Dripping Springs Inc reported income of $3.4m and spending of $453k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.4m (+167%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 11% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Patriots Hall of Dripping Springs Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Communities in Schools of Hidalgo-Willacy Counties Inc ($3.4m), USA Powerlifting Inc ($3.4m) and Stanwood-Camano Art Advocacy Commission ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. It paid $250k in professional fundraising fees. At year end it held assets of $8.4m against liabilities of $0, net assets of $8.4m.