Chief Petty Officer Scholarship Fund Cposf

Analysis

Chief Petty Officer Scholarship Fund Cposf is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Chief Petty Officer Scholarship Fund Cposf reported income of $131k and spending of $104k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $131k (+6.2%), an average of +1.5% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chief Petty Officer Scholarship Fund Cposf sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Angelo L Tomaso School Parent Teacher Organization Inc ($131k), Maryland Association of Certified Public Accnts Educ FNDTN Inc ($131k) and Arkansas Governors Quiz Bowl Association Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $521k against liabilities of $0, net assets of $521k.