Performance Zone Inc

Analysis

Performance Zone Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Performance Zone Inc reported income of $5.0m and spending of $5.5m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $5.0m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Performance Zone Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Central Minnesota Christian School ($5.0m), Los Angeles General Medical Center Foundation Inc ($5.0m) and Association of School Business Officials International ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Other salaries and wages came to $690k. At year end it held assets of $1.4m against liabilities of $947k, net assets of $437k. It reported 12 employees.