Greater Patchogue Foundation Inc

Analysis

Greater Patchogue Foundation Inc is a registered charity in United States, based in Patchogue, NY. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Greater Patchogue Foundation Inc reported income of $198k and spending of $171k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $198k (+135%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 174%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Patchogue Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Theatre Consortium of Silver Spring ($198k), Alcortas Folklorico Diamante Inc ($198k) and Arts on Tap Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.