Prospect Park Youth Running Club

Analysis

Prospect Park Youth Running Club is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 July 2024, Prospect Park Youth Running Club reported income of $110k and spending of $102k, spending 92% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $150k to $110k (-27%), an average of -27% a year. The sharpest change came in the year to July 2024, when income dropped by 27%. Over the whole period it spent 118% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Prospect Park Youth Running Club sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Mothers Abandoned or Widowed ($110k), Real Woman International Inc ($110k) and Prepandme Inc ($110k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 4.6% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.