Memorial Park Association

Analysis

Memorial Park Association is a registered charity in United States, based in Reamstown, PA. It received its IRS tax-exemption ruling in January 1946, 80 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, Memorial Park Association reported income of $254k and spending of $58k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $254k (+266%), an average of +266% a year. The sharpest change came in the year to December 2023, when income rose by 266%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memorial Park Association 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 56th percentile within PA. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($254k), The Redoubt Corporation ($254k) and Rock Solid Families ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 4.6% of the total. At year end it held assets of $460k against liabilities of $0, net assets of $460k.