PHFFFT Company Inc

Analysis

PHFFFT Company Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, PHFFFT Company Inc reported income of $404k and spending of $203k, leaving 50% of income unspent that year. Across the 2 years on record, from May 2020 to May 2023, income grew from $202k to $404k (+100%), an average of +100% a year. The sharpest change came in the year to May 2023, when income rose by 100%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, PHFFFT Company Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Collections & Stories of American Muslims ($404k), Heritage Museum of Big Spring ($404k) and Senderos ($404k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $290k against liabilities of $7,750, net assets of $282k.