Ponte Vedra-Palm Valley Athletic As

Analysis

Ponte Vedra-Palm Valley Athletic As is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in June 1993, 33 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 2023, Ponte Vedra-Palm Valley Athletic As reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $617k to $1.7m (+177%), an average of +66% a year. The sharpest change came in the year to June 2022, when income rose by 130%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ponte Vedra-Palm Valley Athletic As sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Starbase Indiana Inc ($1.7m), National Collegiate Honors Council Inc ($1.7m) and South Florida Operating Engineers Apprentice & Training Fund ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. At year end it held assets of $638k against liabilities of $16k, net assets of $622k.