Trinity Park Conservancy Community Development Corporation

Analysis

Trinity Park Conservancy Community Development Corporation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2021, 5 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, Trinity Park Conservancy Community Development Corporation reported income of $3.0m and spending of $279k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $250k to $3.0m (+1115%), an average of +1115% a year. The sharpest change came in the year to December 2023, when income rose by 1115%. Over the whole period it spent 12% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Trinity Park Conservancy Community Development Corporation sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Vital Communities Inc ($3.0m), Downtown Oakland Association ($3.0m) and Vermont Sustainable Jobs Fund Inc ($3.0m).

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 $8.7m against liabilities of $5.7m, net assets of $2.9m.