Pennsylvania Classics Ac

Analysis

Pennsylvania Classics Ac is a registered charity in United States, based in E Petersburg, PA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Pennsylvania Classics Ac reported income of $3.9m and spending of $3.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.9m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pennsylvania Classics Ac sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Shrine Mont Inc ($3.9m), Benton-Franklin- Fair Association ($3.9m) and Fit Kids of America Corp ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 97% of the total. At year end it held assets of $3.8m against liabilities of $1.6m, net assets of $2.2m.