Punch Out Parkinsons

Analysis

Punch Out Parkinsons is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 Out Parkinsons reported income of $54k and spending of $69k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $54k (-11%), an average of -11% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Punch Out Parkinsons sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Tri-Star E M S ($54k), Orphans Relief Foundtion Inc ($54k) and Mississippi Paralysis Association Inc Term ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.