Park Avenue Community Center Inc

Analysis

Park Avenue Community Center Inc is a registered charity in United States, based in Swarthmore, PA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Park Avenue Community Center Inc reported income of $594k and spending of $474k, leaving 20% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $497k to $594k (+20%), an average of +20% a year. The sharpest change came in the year to August 2023, when income rose by 20%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Park Avenue Community Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Blue Bird Foundation ($594k), Aaron McNeil House Inc ($594k) and Jason Taylor Foundation Inc ($594k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $65k (14% of expenses). Other salaries and wages came to $85k. At year end it held assets of $489k against liabilities of $24k, net assets of $465k. It reported 5 employees.