Private Equity Foundation I Inc

Analysis

Private Equity Foundation I Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2007, 19 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 (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, Private Equity Foundation I Inc reported income of $123k and spending of $15, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $123k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 0.1% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Private Equity Foundation I Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include S H a W C Housing Development Fund Corporation ($123k), Steuben Arc Foundation ($123k) and Robert and Nancy Dedman Foundation ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $683k against liabilities of $0, net assets of $683k.