Pga Financial Assistance Fund Inc

Analysis

Pga Financial Assistance Fund Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Pga Financial Assistance Fund Inc reported income of $810k and spending of $400k, leaving 51% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $662k to $810k (+22%), an average of +5.1% a year. The sharpest change came in the year to March 2022, when income rose by 39%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pga Financial Assistance Fund Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Winston-Salem Street School ($810k), Real Ongoing Opportunities to Soar ($810k) and X-Cel Inc ($810k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $7.9m against liabilities of $802k, net assets of $7.1m.