Thomas C Konchalski Foundation Inc

Analysis

Thomas C Konchalski Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2024, 2 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 (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, Thomas C Konchalski Foundation Inc reported income of $53k and spending of $60k, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $72k to $53k (-27%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thomas C Konchalski Foundation Inc sits at the 22nd percentile: it is larger than about 22% 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 Central Carolina Skating Club ($53k), Mt Eustis Ski Hill ($53k) and Pittsburgh College Hockey Foundation Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.