Phillips Tee-Off for Tots Foundation

Analysis

Phillips Tee-Off for Tots Foundation is a registered charity in United States, based in Stony Point, NY. It received its IRS tax-exemption ruling in September 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 December 2023, Phillips Tee-Off for Tots Foundation reported income of $51k and spending of $49k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $51k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Phillips Tee-Off for Tots Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Let Em Run Foundation ($51k), Nativity B V M Endowment Fund ($51k) and Fast Lane Foundation ($51k).

At year end it held assets of $2,353 against liabilities of $0, net assets of $2,353.