Palm Beach Police Foundation Inc

Analysis

Palm Beach Police Foundation Inc is a registered charity in United States, based in Palm Beach, FL. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Palm Beach Police Foundation Inc reported income of $5.2m and spending of $3.1m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $5.2m (+124%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 52% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Palm Beach Police Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Preventative Aftercare Inc ($5.2m), Search Group Incorporated ($5.2m) and California Partnership to End Domestic Violence ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Other salaries and wages came to $297k. At year end it held assets of $16.2m against liabilities of $396k, net assets of $15.8m. It reported 7 employees.