Parkwood Youth Organization Inc

Analysis

Parkwood Youth Organization Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1973, 53 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, Parkwood Youth Organization Inc reported income of $371k and spending of $380k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $371k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 201%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Parkwood Youth Organization Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Infinity Volleyball Club ($370k), Every Monday Matters Inc ($371k) and Girls on the Run of Central Ohio ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.