Paradise Teams Inc

Analysis

Paradise Teams Inc is a registered charity in United States, based in Belmont, MI. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Paradise Teams Inc reported income of $100k and spending of $121k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $100k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Paradise Teams Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Duncans Woods ($100k), Pop Warner Little Scholars Inc ($100k) and Patrons of Scouting in Central California ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $62k against liabilities of $558, net assets of $61k.