The Palatka Skeet Club Inc

Analysis

The Palatka Skeet Club Inc is a registered charity in United States, based in Palatka, FL. It received its IRS tax-exemption ruling in March 2016, 10 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 December 2023, The Palatka Skeet Club Inc reported income of $137k and spending of $113k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $137k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Palatka Skeet Club Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Little League Baseball Inc ($137k), Jeremiah Ministries ($137k) and Im Solutions Forum Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.