Chris Paul Family Foundation Inc

Analysis

Chris Paul Family Foundation Inc is a registered charity in United States, based in Lewisville, NC. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Chris Paul Family Foundation Inc reported income of $221k and spending of $285k, spending 129% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $321k to $221k (-31%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Chris Paul Family Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include YMCA Woodson Park Qalicb Inc ($220k), Youth Development Initiatives Inc ($221k) and Dallas Service Forum ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.