United States Power Squadrons

Analysis

United States Power Squadrons is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in March 1945, 81 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, United States Power Squadrons reported income of $101k and spending of $99k, spending 99% of its income. Across the 4 years on record, from February 2021 to February 2024, income grew from $64k to $101k (+58%), an average of +16% a year. The sharpest change came in the year to February 2022, when income rose by 47%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United States Power Squadrons sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Pan American Ministries Inc ($101k), California Federation of Womens Clubs ($101k) and PTA Texas Congress ($101k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 24% and program service revenue 1.6% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.