National Propane Gas Foundation

Analysis

National Propane Gas Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1972, 54 years ago. Its declared purposes cover science and technology, 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 February 2024, National Propane Gas Foundation reported income of $298k and spending of $156k, leaving 48% of income unspent that year. Across the 6 years on record, from February 2019 to February 2024, income grew from $227k to $298k (+31%), an average of +5.6% a year. The sharpest change came in the year to February 2020, when income rose by 64%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Propane Gas Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 35th percentile within DC. Charities of a similar size with the same main cause include Blue 13 Dance Company Inc ($298k), Chenango County Blues Society ($298k) and Orquesta Northwest ($298k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 32% of the total. At year end it held assets of $4.5m against liabilities of $100k, net assets of $4.4m.