Polg Foundation

Analysis

Polg Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Polg Foundation reported income of $984k and spending of $2.1m, spending 212% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $841k to $984k (+17%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 846%. Over the whole period it spent 30% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Polg Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Pride Integrated Services Inc ($983k), Rea of Hope Fellowship Home Inc ($984k) and Nebraska Educational Biomedical Research Association ($983k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $7.5m against liabilities of $588k, net assets of $6.9m.