Park Lawn Association Inc

Analysis

Park Lawn Association Inc is a registered charity in United States, based in Oak Lawn, IL. It received its IRS tax-exemption ruling in July 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Park Lawn Association Inc reported income of $1.5m and spending of $864k, leaving 44% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.6m to $1.5m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2023, when income rose by 131%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Park Lawn Association Inc 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 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Friendships for Hope Inc ($1.5m), Sozo SSS International Inc ($1.6m) and 100 Women in Finance Foundation Rehana Farrell ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% of the total. Other salaries and wages came to $323k. At year end it held assets of $14.2m against liabilities of $1.5m, net assets of $12.7m. It reported 8 employees.