Palestine Gardens Inc

Analysis

Palestine Gardens Inc is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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 December 2023, Palestine Gardens Inc reported income of $3.0m and spending of $119k, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $3.0m (+528%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 663%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palestine Gardens Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include International Union of Operating Engineers 147 Apprenticeships Fund ($3.0m), Central Point Preparatory Academy ($3.0m) and Pet Pal Rescue Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 2.9% of the total. Other salaries and wages came to $11k. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.