Possum Queen Foundation Inc

Analysis

Possum Queen Foundation Inc is a registered charity in United States, based in Litchfield, CT. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Possum Queen Foundation Inc reported income of $93k and spending of $98k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $93k (-8.4%), an average of -8.4% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Possum Queen Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include Kids Fighting Hunger Inc ($93k), Hope 4 One Ministries ($93k) and Society for Phenomenology and Existential Philosophy ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.