Roca Pallin Youth Center Inc

Analysis

Roca Pallin Youth Center Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Roca Pallin Youth Center Inc reported income of $3.2m and spending of $1.1m, leaving 67% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $617k to $3.2m (+419%), an average of +51% a year. The sharpest change came in the year to June 2022, when income rose by 227%. Over the whole period it spent 43% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Roca Pallin Youth Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Boys and Girls Club of the Berkshires Inc ($3.2m), Boys & Girls Clubs of Central Illinois ($3.2m) and Boston Debate League ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. At year end it held assets of $8.5m against liabilities of $1.6m, net assets of $6.8m.