People for Palmer Park

Analysis

People for Palmer Park is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2011, 15 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 December 2023, People for Palmer Park reported income of $352k and spending of $239k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $224k to $352k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, People for Palmer Park sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Camp Luck Inc ($352k), Michigan Intercollegiate Athletic Association Inc ($352k) and Inclusive Sports and Fitness Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $331k against liabilities of $0, net assets of $331k.