Susan L Curtis Charitable Foundation

Analysis

Susan L Curtis Charitable Foundation is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Susan L Curtis Charitable Foundation reported income of $939k and spending of $1.1m, spending 114% of what it took in. Across the 6 years on record, from October 2019 to December 2023, income grew from $820k to $939k (+15%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 449%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Susan L Curtis Charitable Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within ME. Charities of a similar size with the same main cause include District 6 of Minnesota Amateur Hockey Association ($939k), Fort Collins Area Swim Team ($939k) and International Swim Coaches Association ($939k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $74k (6.9% of expenses). Other salaries and wages came to $409k. At year end it held assets of $4.4m against liabilities of $38k, net assets of $4.4m. It reported 56 employees.