Palm Beach Round Table

Analysis

Palm Beach Round Table is a registered charity in United States, based in Palm Beach, FL. It received its IRS tax-exemption ruling in September 1942, 84 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Palm Beach Round Table reported income of $227k and spending of $222k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $201k to $227k (+13%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palm Beach Round Table sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Charityontop Foundation Inc ($227k), PTA California Congress of Parents Teachers & Students Inc ($227k) and PTA Florida Congress ($227k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $109k. At year end it held assets of $260k against liabilities of $19k, net assets of $240k. It reported 2 employees.