Psatma Endowment Foundation

Analysis

Psatma Endowment Foundation is a registered charity in United States, based in Everson, WA. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Psatma Endowment Foundation reported income of $204k and spending of $620, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $204k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 1.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Psatma Endowment Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Friends of Ace ($204k), ND Senior Career Development ($204k) and Heal Our City Inside Out Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $327k against liabilities of $0, net assets of $327k.