P T Barnum Foundation Inc

Analysis

P T Barnum Foundation Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in October 1990, 36 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 September 2023, P T Barnum Foundation Inc reported income of $593k and spending of $546k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $428k to $593k (+39%), an average of +8.5% a year. The sharpest change came in the year to September 2023, when income rose by 129%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, P T Barnum Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include Coalition for Family & Childrens Services in Iowa Inc ($592k), Senior Citizens Housing Development Corporation of Bell ($593k) and Jubilee Partners Inc ($592k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 29% of the total. Other salaries and wages came to $84k. At year end it held assets of $855k against liabilities of $6,610, net assets of $849k. It reported 3 employees.