Phyt Cares Inc

Analysis

Phyt Cares Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2014, 12 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 November 2024, Phyt Cares Inc reported income of $120k and spending of $107k, spending 89% of its income. Across the 2 years on record, from November 2023 to November 2024, income grew from $116k to $120k (+3.1%), an average of +3.1% a year. Over the whole period it spent 128% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Phyt Cares Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include West Salem Hockey Association Inc ($120k), Downingtown Young Whippets ($120k) and Franklin Youth Baseball Inc ($120k).

On its Form 990-EZ for the period ending November 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.