Celebrate Perth Amboy Inc

Analysis

Celebrate Perth Amboy Inc is a registered charity in United States, based in Perth Amboy, NJ. It received its IRS tax-exemption ruling in January 2013, 13 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 September 2023, Celebrate Perth Amboy Inc reported income of $81k and spending of $113k, spending 140% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $117k to $81k (-31%), an average of -8.9% a year. The sharpest change came in the year to September 2021, when income dropped by 100%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Celebrate Perth Amboy Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Flying Scot Sailing Association International Inc ($81k), Dallas Football Officials Assn Inc ($81k) and Youth Equestrian Development Association Inc ($81k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $880, net assets of $52k.