Patrick Cantlay Foundation

Analysis

Patrick Cantlay Foundation is a registered charity in United States, based in New York, 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 2022, Patrick Cantlay Foundation reported income of $153k and spending of $66k, leaving 57% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $151k to $153k (+1.0%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income rose by 1006%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Patrick Cantlay Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Chevra Shas at Tower 41 Inc ($153k), Eposak Foundation Inc ($153k) and Community Foundation of Lafayette ($153k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 105% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.