Prospect Park Youth Club

Analysis

Prospect Park Youth Club is a registered charity in United States, based in Prospect Park, PA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Prospect Park Youth Club reported income of $58k and spending of $59k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $58k (-8.0%), an average of -8.0% a year. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Prospect Park Youth Club sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include Ulster Project Delaware Inc ($58k), PJT Memorial Foundation Inc ($58k) and Hopes Haven ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.