Metropolitan Section Pga Foundation Inc

Analysis

Metropolitan Section Pga Foundation Inc is a registered charity in United States, based in Elmsford, NY. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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, Metropolitan Section Pga Foundation Inc reported income of $1.5m and spending of $1.5m, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.0m to $1.5m (+45%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metropolitan Section Pga Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Center for the National Interest Inc ($1.5m), The Montessori Foundation Incorporated ($1.5m) and Foundation for Maryknoll School ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 57% of the total. At year end it held assets of $1.5m against liabilities of $103k, net assets of $1.4m.