Josh Pallotta Fund Inc

Analysis

Josh Pallotta Fund Inc is a registered charity in United States, based in Colchester, VT. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Josh Pallotta Fund Inc reported income of $760k and spending of $249k, leaving 67% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $182k to $760k (+318%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 181%. Over the whole period it spent 50% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Josh Pallotta Fund Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within VT. Charities of a similar size with the same main cause include Rise Corp ($760k), Dental Health Clinic ($761k) and Reelin for Research Inc ($760k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $87k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 2 employees.