Power of Play Charitable Fund Inc

Analysis

Power of Play Charitable Fund Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Power of Play Charitable Fund Inc reported income of $123k and spending of $201k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $123k (-36%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Power of Play Charitable Fund Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include The Flaget Alumni Association Inc ($123k), Delmarva Irish American Club ($123k) and Hudsonville Public Schools Educational Foundation ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 2.3% of the total. Other salaries and wages came to $39k. At year end it held assets of $206k against liabilities of $0, net assets of $206k. It reported 1 employees.