Amazin Mets Foundation Inc

Analysis

Amazin Mets Foundation Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in August 2021, 5 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Amazin Mets Foundation Inc reported income of $5.1m and spending of $3.0m, leaving 42% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $3.9m to $5.1m (+32%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amazin Mets Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Gofundme Org ($5.1m), Branden Sports and Aquatic Center ($5.1m) and Kern Community Foundation ($5.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 101% of the total. At year end it held assets of $4.3m against liabilities of $19k, net assets of $4.2m.