Photographic Society of America Endowment Fund II

Analysis

Photographic Society of America Endowment Fund II is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in December 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Photographic Society of America Endowment Fund II reported income of $475k and spending of $359k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $899k to $475k (-47%), an average of -15% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Photographic Society of America Endowment Fund II sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include Ebenezer Christian Church ($475k), Shoals Symphony Orchestra ($475k) and Community Boating Center Inc ($475k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% of the total. At year end it held assets of $13.9m against liabilities of $0, net assets of $13.9m.