Par

Analysis

Par is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 2024, 2 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, Par reported income of $55k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $55k (+10%), an average of +10% a year. Over the whole period it spent 0.0% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Par sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Bush Cup Corp ($55k), Legacy Equestrian Team ($55k) and Camp Rainbow Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.