Pals for Life Association

Analysis

Pals for Life Association is a registered charity in United States, based in Devon, PA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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, Pals for Life Association reported income of $139k and spending of $182k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $293k to $139k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pals for Life Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($139k), Washtenaw Camp Placement Association ($139k) and GFWC Virginia ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $70k (39% of expenses). Other salaries and wages came to $45k. At year end it held assets of $178k against liabilities of $0, net assets of $178k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.