Visit Org Philanthropic Foundation

Analysis

Visit Org Philanthropic Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Visit Org Philanthropic Foundation reported income of $1.1m and spending of $821k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,500 to $1.1m (+13383%), an average of +13383% a year. The sharpest change came in the year to December 2023, when income rose by 13383%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Visit Org Philanthropic Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include The Manna Center ($1.1m), Chartway Promise Foundation ($1.1m) and St Lawrence County Arts Council ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $779k against liabilities of $445k, net assets of $333k.