Palm Beach County Pal Inc

Analysis

Palm Beach County Pal Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 May 2023, Palm Beach County Pal Inc reported income of $317k and spending of $238k, leaving 25% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $720k to $317k (-56%), an average of -18% a year. The sharpest change came in the year to May 2021, when income dropped by 34%. Over the whole period it spent 42% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Palm Beach County Pal Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Momeyer Volunteer Fire-Rescue Inc ($317k), Farmington Volunteer Fire Department ($317k) and Dunn Loring Volunteer Fire Department Incorporated ($317k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $1.8m against liabilities of $2,418, net assets of $1.8m.