Panther Foundation

Analysis

Panther Foundation is a registered charity in United States, based in Washougal, WA. It received its IRS tax-exemption ruling in February 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 (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, Panther Foundation reported income of $180k and spending of $170k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $180k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Panther Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include The Shenandoah Valley Junior Golf Foundation Inc ($180k), Pittsburgh Amateur Hockey League ($180k) and BC Winter Club Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 124% and program service revenue 37% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.