Ps43 Foundation Inc

Analysis

Ps43 Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ps43 Foundation Inc reported income of $50k and spending of $98k, spending 195% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $50k (-55%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ps43 Foundation Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include Ste Christine & St Nestor Foundation Inc ($50k), Bolder Kidz ($50k) and New Beginning Education and Counseling Training Center ($50k).

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 $941 against liabilities of $0, net assets of $941.