Overseas Press Club Foundation

Analysis

Overseas Press Club Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1964, 62 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 2024, Overseas Press Club Foundation reported income of $248k and spending of $361k, spending 146% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $399k to $248k (-38%), an average of -11% a year. The sharpest change came in the year to June 2024, when income dropped by 51%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Overseas Press Club Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Central Area Betterment Association ($248k), Francies Place Apartments Inc ($248k) and Indigenous Training Ministries Inc ($248k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.