Philanthropic Planning Group of Greater New York Inc

Analysis

Philanthropic Planning Group of Greater New York Inc is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2023, Philanthropic Planning Group of Greater New York Inc reported income of $211k and spending of $255k, spending 121% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income fell from $225k to $211k (-6.5%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Philanthropic Planning Group of Greater New York Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Cowboy Connection Ministries Inc ($211k), Mercy Health Care Foundation ($211k) and Friends of Haac Inc ($211k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. At year end it held assets of $94k against liabilities of $12k, net assets of $82k.