Poles in America Foundation Inc

Analysis

Poles in America Foundation Inc is a registered charity in United States, based in Plantation, FL. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, 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 December 2023, Poles in America Foundation Inc reported income of $65k and spending of $180k, spending 279% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $206k to $65k (-69%), an average of -25% a year. The sharpest change came in the year to December 2020, when income rose by 526%. 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, Poles in America Foundation Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Corporate Ethics International ($65k), Life and Light Foundation ($65k) and Seven Hills Chamber Music ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. Other salaries and wages came to $45k. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.