Overview
What is Ptha Charities?
Ptha Charities is a nonprofit organization based in Bensalem, Pennsylvania. Their primary mission is to provide financial aid to stable employees of thoroughbred race tracks in Eastern Pennsylvania who are facing emergency hardships, such as serious illness, accidental injury, death, violent crime, loss of home, or natural disasters. They offer grants to assist these individuals during their time of need. Additionally, Ptha Charities funds scholarships for higher education and vocational training at qualified institutions under 501(C)(3) of the Code, enabling these individuals to further their careers and improve their livelihoods.
Is Ptha Charities legitimate?
Ptha Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ptha Charities submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ptha Charities?
Ptha Charities is an organization dedicated to providing financial assistance to stable employees of thoroughbred race tracks in Eastern Pennsylvania who are facing emergency hardships. These hardships can include serious illnesses, accidental injuries, death, violent crimes, loss of home, natural disasters, and other such unfortunate circumstances. In addition to this, the charity also offers scholarships for higher education and vocational training for these individuals at qualifying institutions under 501(C)(3) of the code. The overall aim of Ptha Charities is to offer a helping hand to those in need within the thoroughbred racing community.
What is the revenue of Ptha Charities?
Ptha Charities's revenue in 2023 was $18,064.
Who are the executives of Ptha Charities and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $243,527
- Other: $24,198
- Compensation: $0
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- Other: $34,842
- Compensation: $0
- Related: $0
- Other: $34,146
- Compensation: $0
- Related: $0
- Other: $23,957
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $32,203
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $27,045
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ptha Charities?
Ptha Charities's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ptha Charities
Ptha Charities, a nonprofit organization, is dedicated to providing financial aid in the form of grants to stable employees of thoroughbred race tracks in Eastern Pennsylvania who are facing emergency hardships. These hardships can include serious illnesses, accidental injuries, deaths, violent crimes, loss of homes, and natural disasters, among others. Beyond providing financial assistance, Ptha Charities also offers scholarships for higher education and vocational training for these individuals at qualifying 501(C)(3) educational institutions. This mission of Ptha Charities aims to offer a helping hand to those in need within the thoroughbred racing industry, ensuring they can overcome their challenges and continue their personal and professional growth.
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Impact
October, 2024
Ptha Charities significantly impacts the lives of stable employees at thoroughbred racetracks in Eastern Pennsylvania by offering vital financial assistance during times of emergency hardship. Whether faced with serious illness, accidental injury, death, violent crime, home loss, or natural disasters, individuals benefit from grants that provide essential support in times of crisis.
In addition to immediate aid, Ptha Charities facilitates scholarships, enabling stable employees and their families to pursue higher education and vocational training. This not only empowers individuals to enhance their skills and career prospects but also contributes positively to the community by investing in education and workforce development. By addressing both immediate needs and long-term aspirations, Ptha Charities plays a crucial role in enhancing the well-being and resilience of those in the thoroughbred racing industry in the region.
This information is meant to be a general summary of Ptha Charities. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $18,064
Assets and Liabilities:
- Total Assets: $64,591
- Total Liabilities: $0
- Net Assets: $64,591
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Organization Details
Founding Year
2020
Principal Officer
Jeffrey A Matty Jr
NTEE Category
Code: T30 - Philanthropy
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