Christopher Potvin Scholar Athlete Fund Inc

Analysis

Christopher Potvin Scholar Athlete Fund Inc is a registered charity in United States, based in Old Lyme, CT. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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, Christopher Potvin Scholar Athlete Fund Inc reported income of $56k and spending of $57k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $56k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christopher Potvin Scholar Athlete Fund Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include PTA Georgia Congress ($56k), Soccer Assoc for Youth ($56k) and Valdez Arts Council Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $561 against liabilities of $0, net assets of $561.