Police Athletic League Inc

Analysis

Police Athletic League Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1942, 84 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, Police Athletic League Inc reported income of $36.4m and spending of $36.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.8m to $36.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Police Athletic League Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Lifewise Inc ($35.3m), Coalition for Responsible Community Development ($37.4m) and Onegoal ($33.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $623k (1.7% of expenses). Other salaries and wages came to $18.0m. At year end it held assets of $37.3m against liabilities of $19.8m, net assets of $17.5m. It reported 974 employees.