Players Development Academy Corp

Analysis

Players Development Academy Corp is a registered charity in United States, based in Bernardsville, NJ. It received its IRS tax-exemption ruling in November 1999, 27 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, Players Development Academy Corp reported income of $6.8m and spending of $6.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $6.8m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 16%. 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, Players Development Academy Corp sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Jewish Community Center of Atlantic County ($6.6m), Starfire Sports a Nonprofit Corporation ($6.8m) and Usta Mid-Atlantic Foundation ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $7.8m against liabilities of $5.1m, net assets of $2.7m. It reported 83 employees.