Parkesburg Point

Analysis

Parkesburg Point is a registered charity in United States, based in Parkesburg, PA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Parkesburg Point reported income of $1.5m and spending of $1.8m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.5m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Parkesburg Point sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Tonto Creek Camp ($1.5m), Ohio Wilderness Boys Camp ($1.5m) and Boys & Girls Clubs of Kershaw County ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $872k. At year end it held assets of $4.4m against liabilities of $47k, net assets of $4.4m. It reported 47 employees.