Panther Athletic Club

Analysis

Panther Athletic Club is a registered charity in United States, based in Jerseyville, IL. It received its IRS tax-exemption ruling in September 2017, 9 years ago. 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 2024, Panther Athletic Club reported income of $64k and spending of $47k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $59k to $64k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2024, when income rose by 115%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Panther Athletic Club sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($64k), Haitian Heritage Museum Corp ($64k) and Coach Kacie Memorial Foundation ($64k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.