Parkland Buddy Sports Inc

Analysis

Parkland Buddy Sports Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Parkland Buddy Sports Inc reported income of $114k and spending of $80k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $80k to $114k (+42%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Parkland Buddy Sports Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Ashland Youth Basketball Inc ($114k), North Penn Duplicate Bridge Club ($114k) and Longview Girls Softball Association ($114k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.