Pal of Bergenfield Inc

Analysis

Pal of Bergenfield Inc is a registered charity in United States, based in Bergenfield, NJ. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Pal of Bergenfield Inc reported income of $62k and spending of $37k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $62k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pal of Bergenfield Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include North Wright County River Hawks Booster Club ($62k), Dixon Soccer Club ($62k) and Eden Mill Nature Committee Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 102% of the total. At year end it held assets of $47k against liabilities of $5,301, net assets of $42k.