Punxsutawney Weather Center Inc

Analysis

Punxsutawney Weather Center Inc is a registered charity in United States, based in Punxsutawney, PA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Punxsutawney Weather Center Inc reported income of $117k and spending of $115k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $117k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Punxsutawney Weather Center Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Little Elm Angels Foundation ($117k), Team Sunshine Performance Corporation ($117k) and Talujon Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 22% of the total. Other salaries and wages came to $46k. At year end it held assets of $506k against liabilities of $1,399, net assets of $504k. It reported 4 employees.