Point O Woods Foundation Inc

Analysis

Point O Woods Foundation Inc is a registered charity in United States, based in Point Owoods, NY. It received its IRS tax-exemption ruling in April 2020, 6 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, Point O Woods Foundation Inc reported income of $1.1m and spending of $3.0m, spending 283% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.4m to $1.1m (-26%), an average of -9.7% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Point O Woods Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Elizabeth Toon Charities ($1.1m), Inland Empire United Way ($1.1m) and JFS Fund Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.