Orchid Foundation

Analysis

Orchid Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Orchid Foundation reported income of $194k and spending of $273k, spending 141% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $286k to $194k (-32%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Orchid Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Isem Inc ($194k), Fans for the Cure ($195k) and Alpharetta Public Safety Foundation Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $80k (29% of expenses). Other salaries and wages came to $17k. At year end it held assets of $808k against liabilities of $0, net assets of $808k. It reported 2 employees.