Youngwood Area Park and Pool Enterprise Inc

Analysis

Youngwood Area Park and Pool Enterprise Inc is a registered charity in United States, based in Youngwood, PA. It received its IRS tax-exemption ruling in January 1964, 62 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, Youngwood Area Park and Pool Enterprise Inc reported income of $123k and spending of $125k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $123k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youngwood Area Park and Pool Enterprise Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Shine Together ($123k), Lafayette Tournament Inc ($123k) and Huntingdon County Historical Society ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 88% of the total. Other salaries and wages came to $70k. At year end it held assets of $101k against liabilities of $337, net assets of $101k. It reported 34 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.