Paddlers for Humanity Inc

Analysis

Paddlers for Humanity Inc is a registered charity in United States, based in East Hampton, NY. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Paddlers for Humanity Inc reported income of $156k and spending of $130k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $156k (+7.6%), an average of +7.6% a year. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Paddlers for Humanity Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Interlakes Area United Way Corporation ($156k), Growing the Vision Inc ($156k) and Chester Volunteer Fire Department ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $111k against liabilities of $544, net assets of $111k.