Vincent Crotty Memorial Foundation

Analysis

Vincent Crotty Memorial Foundation is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Vincent Crotty Memorial Foundation reported income of $680k and spending of $47k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $680k (+711%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 854%. Over the whole period it spent 37% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vincent Crotty Memorial Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include West Central District 3 of the Wash Interscholastic Activity Assn ($680k), Camp Friendship ($680k) and Girls on the Run of Silicon Valley Incorporated ($680k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% of the total. At year end it held assets of $840k against liabilities of $0, net assets of $840k.