Charity Series of Poker

Analysis

Charity Series of Poker is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Charity Series of Poker reported income of $388k and spending of $405k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $388k (+141%), an average of +141% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charity Series of Poker sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within NV. Charities of a similar size with the same main cause include Lincoln County Housing Task Force ($388k), Orleans After School Activites Program ($388k) and Circle of Friends Inc ($388k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $92k (23% of expenses). Other salaries and wages came to $7,500. At year end it held assets of $7,483 against liabilities of $0, net assets of $7,483.