Punch 4 Parkinsons Corporation

Analysis

Punch 4 Parkinsons Corporation is a registered charity in United States, based in Walpole, MA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 December 2023, Punch 4 Parkinsons Corporation reported income of $783k and spending of $777k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.5m to $783k (-49%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Punch 4 Parkinsons Corporation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Ms Views and News Inc ($783k), Cherish a Child USA ($783k) and Suicide Prevention Services ($783k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $738k (95% of expenses). Other salaries and wages came to $3,000. At year end it held assets of $163k against liabilities of $0, net assets of $163k.