Palatka Christian Service Center Inc

Analysis

Palatka Christian Service Center Inc is a registered charity in United States, based in Palatka, FL. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Palatka Christian Service Center Inc reported income of $157k and spending of $142k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $157k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Palatka Christian Service Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Linked Together ($157k), Titus Foundation Inc ($157k) and Lawrence Community Food Alliance ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $27k (19% of expenses). At year end it held assets of $516k against liabilities of $336k, net assets of $180k. It reported 3 employees.