Prospect Park Termites

Analysis

Prospect Park Termites is a registered charity in United States, based in Essington, PA. It received its IRS tax-exemption ruling in September 1999, 27 years ago. 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 Termites reported income of $103k and spending of $72k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $103k (+12%), an average of +12% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prospect Park Termites sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Wellesley Education Foundation Inc ($103k), Little League Baseball Inc ($103k) and The United Fund of Perry Oklahoma Incorporated ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 38% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.