Palestine Gardens North Inc

Analysis

Palestine Gardens North Inc is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 North Inc reported income of $4.6m and spending of $168k, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $478k to $4.6m (+860%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 637%. Over the whole period it spent 37% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Palestine Gardens North Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Associated Community Services Inc ($4.6m), Rose Community Development Corporation ($4.6m) and Homeward Bound ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 3.0% of the total. Other salaries and wages came to $23k. At year end it held assets of $2.0m against liabilities of $44k, net assets of $2.0m.