New England Pga Foundation Inc

Analysis

New England Pga Foundation Inc is a registered charity in United States, based in Boylston, MA. It received its IRS tax-exemption ruling in September 2017, 9 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, New England Pga Foundation Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $539k to $1.3m (+137%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, New England Pga Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Kansas Association of Community Foundations ($1.3m), Founders of Doctors Hospital Inc ($1.3m) and Saint Simeons Episcopal Home Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 43% of the total. At year end it held assets of $1.4m against liabilities of $76k, net assets of $1.3m.