Overfoot Inc

Analysis

Overfoot Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1989, 37 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 June 2023, Overfoot Inc reported income of $90k and spending of $69k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $58k to $90k (+55%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Overfoot Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include PTA Florida Congress ($90k), Georgia Extension 4-H Foundation ($90k) and Rask Memorial Fund Founded in Memory of Michael Paul Rask 1959- ($90k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.