Town Branch Park Inc

Analysis

Town Branch Park Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Town Branch Park Inc reported income of $14.3m and spending of $1.1m, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $14.3m (+295%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 12% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Town Branch Park Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KY. Charities of a similar size with the same main cause include Divers Alert Network ($14.3m), Sport and Entertainment Corporation of Maryland ($14.4m) and Crystal Cove Conservancy ($14.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $242k (23% of expenses). At year end it held assets of $42.1m against liabilities of $14.4m, net assets of $27.7m.