Pga Reach Philadelphia

Analysis

Pga Reach Philadelphia is a registered charity in United States, based in Lower Gwynedd, PA. It received its IRS tax-exemption ruling in July 2018, 8 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 (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, Pga Reach Philadelphia reported income of $481k and spending of $437k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $481k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pga Reach Philadelphia sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include A Walk on Water Inc ($481k), Park and Recreation Association of Sag Harbor New York Inc ($481k) and Hinsdale Red Dogs Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. At year end it held assets of $539k against liabilities of $74k, net assets of $466k.