Decoursey Properties

Analysis

Decoursey Properties is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in November 2019, 7 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Decoursey Properties reported income of $166k and spending of $115k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $166k (-87%), an average of -40% a year. The sharpest change came in the year to December 2021, when income rose by 376%. Over the whole period it spent 14% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Decoursey Properties sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include The Rotary Club of Baton Rouge Inc Foundation ($166k), Techlahoma Foundation ($166k) and Rotary High Country Pets ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11.4m against liabilities of $26k, net assets of $11.3m.