Penn Gardens Inc

Analysis

Penn Gardens Inc is a registered charity in United States, based in Sellersville, PA. It received its IRS tax-exemption ruling in July 1989, 37 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, Penn Gardens Inc reported income of $259k and spending of $348k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $259k (+6.7%), an average of +1.6% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Penn Gardens Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Kalispell Legion Baseball Association ($259k), Hannibal Arts Council ($259k) and Guidance Center of Camden County Development Corp ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $2.0m against liabilities of $768k, net assets of $1.2m.