Park 40 Club Inc

Analysis

Park 40 Club Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Park 40 Club Inc reported income of $126k and spending of $121k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $126k (+7.1%), an average of +7.1% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Park 40 Club Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Hello Life Eating Disorder Recovery Services ($126k), Franklin Foundation ($126k) and Autism Opened Door Project ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 41% of the total. At year end it held assets of $92k against liabilities of $9,237, net assets of $83k.