Proteus Syndrome Foundation

Analysis

Proteus Syndrome Foundation is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in June 1995, 31 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 September 2023, Proteus Syndrome Foundation reported income of $111k and spending of $66k, leaving 40% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $149k to $111k (-26%), an average of -7.2% a year. The sharpest change came in the year to September 2021, when income rose by 181%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Proteus Syndrome Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Sequim Sunrise Rotary Foundation ($111k), Bcec Inc ($111k) and Scenic Charitable Fund Inc ($111k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $20k (30% of expenses). At year end it held assets of $236k against liabilities of $1,937, net assets of $234k.