Porter-Phelps-Huntington Foundation Inc

Analysis

Porter-Phelps-Huntington Foundation Inc is a registered charity in United States, based in Hadley, MA. It received its IRS tax-exemption ruling in October 1955, 71 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Porter-Phelps-Huntington Foundation Inc reported income of $170k and spending of $161k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $170k (+95%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Porter-Phelps-Huntington Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include United Theatre Education Center ($170k), Brown County Historical Society Inc ($171k) and Melody of Dragon Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $33k (21% of expenses). At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 1 employees.