Friends of The@pmbl

Analysis

Friends of The@pmbl is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2019, 7 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, Friends of The@pmbl reported income of $64k and spending of $72k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $64k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of The@pmbl sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include For the Love of the Lake Foundation ($64k), Operation Orphans Inc ($64k) and Greater Glens Falls Amateur Athletic Championships Association ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.