The Paint Foundation

Analysis

The Paint Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, The Paint Foundation reported income of $1.5m and spending of $734k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $3.1m to $1.5m (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 28% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Paint Foundation 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 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Rockaway Waterfront Alliance Inc ($1.5m), Ruby Habitat Foundation ($1.5m) and Delaware Center for Horticulture Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.