Greg W Sill Foundation Corp

Analysis

Greg W Sill Foundation Corp is a registered charity in United States, based in Lake Grove, NY. It received its IRS tax-exemption ruling in March 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greg W Sill Foundation Corp reported income of $54k and spending of $25k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $54k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greg W Sill Foundation Corp sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Alaska Baseball Academy Inc ($54k), Laramie Enduro ($54k) and Hamilton Little Lads Baseball ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.