Palm Beach County Sports Commission

Analysis

Palm Beach County Sports Commission is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Palm Beach County Sports Commission reported income of $3.1m and spending of $3.0m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.3m to $3.1m (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2023, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Palm Beach County Sports Commission sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Lets Grow Kids Inc ($3.1m), The Boys and Girls Clubs of South Alabama Inc ($3.1m) and Solid Rock Foundation ($3.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $172k (5.7% of expenses). Other salaries and wages came to $721k. At year end it held assets of $2.0m against liabilities of $992k, net assets of $961k. It reported 23 employees.