Presbyterian Foundation

Analysis

Presbyterian Foundation is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in September 1972, 54 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Presbyterian Foundation reported income of $144k and spending of $163k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $144k (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 371%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Mdha Housing Trust Corporation ($144k), Custer Institute Inc ($144k) and El Segundo Bobby Sox Softball League ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m.