Pitcch in Foundation Inc

Analysis

Pitcch in Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 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, Pitcch in Foundation Inc reported income of $732k and spending of $698k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $732k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pitcch in Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Tahoe Cross-Country Ski Education Association Inc ($732k), Dallas Mustangs ($733k) and Minnesota State High School Coaches Association ($732k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% and program service revenue 1.4% of the total. Other salaries and wages came to $83k. At year end it held assets of $1.2m against liabilities of $116k, net assets of $1.1m. It reported 1 employees.