Palm Beach Gardens Youth Athletic Association

Analysis

Palm Beach Gardens Youth Athletic Association is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in February 1994, 32 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, Palm Beach Gardens Youth Athletic Association reported income of $4.7m and spending of $4.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.7m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palm Beach Gardens Youth Athletic Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include New Britain Institute ($4.7m), Coastal Heritage Society Inc ($4.7m) and Young Mens Christian Association of Kokomo Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Other salaries and wages came to $294k. At year end it held assets of $1.9m against liabilities of $349k, net assets of $1.5m. It reported 25 employees.