Palmyra Sportsmens Assn Inc

Analysis

Palmyra Sportsmens Assn Inc is a registered charity in United States, based in Annville, PA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Palmyra Sportsmens Assn Inc reported income of $645k and spending of $638k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $626k to $645k (+3.0%), an average of +0.7% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palmyra Sportsmens Assn 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 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Jewish Community Housing Corporation ($645k), Music Room Inc ($645k) and Caledonia Library Association Inc ($645k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 84% of the total. Other salaries and wages came to $51k. At year end it held assets of $1.6m against liabilities of $120k, net assets of $1.4m. It reported 4 employees.