Pembina Gorge Foundation

Analysis

Pembina Gorge Foundation is a registered charity in United States, based in Walhalla, ND. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Pembina Gorge Foundation reported income of $1.3m and spending of $814k, leaving 38% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.3m (+0.6%), an average of +0.2% a year. The sharpest change came in the year to September 2023, when income rose by 66%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pembina Gorge Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within ND. Charities of a similar size with the same main cause include Arapahoe Hockey Inc ($1.3m), Tennis Memphis Inc ($1.3m) and Dublin United Soccer League Incorporated ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% and program service revenue 4.2% of the total. Other salaries and wages came to $61k. At year end it held assets of $3.9m against liabilities of $2.1m, net assets of $1.8m. It reported 46 employees.