Policewomans Endowment Assoc Inc

Analysis

Policewomans Endowment Assoc Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Policewomans Endowment Assoc Inc reported income of $80k and spending of $90k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $80k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Policewomans Endowment Assoc Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Shoal Creek Elementary School Educational Foundation ($80k), Anne K Raikos Charitable Supporting Foundation ($80k) and Houston High School Athletics and Arts Foundation Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 22% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.