Particle Foundation

Analysis

Particle Foundation is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Particle Foundation reported income of $13.4m and spending of $125k, leaving 99% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $50k to $13.4m (+26703%), an average of +26703% a year. The sharpest change came in the year to December 2022, when income rose by 26703%. Over the whole period it spent 1.3% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Particle Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NV. Charities of a similar size with the same main cause include Pioneer Works Art Foundation ($13.4m), Childrens Museum of Manhattan ($13.4m) and Kimmel Center Inc ($13.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. At year end it held assets of $13.3m against liabilities of $6,140, net assets of $13.3m.