Poah Support Corporation

Analysis

Poah Support Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2020, 6 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Poah Support Corporation reported income of $4.0m and spending of $981k, leaving 75% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $511k to $4.0m (+682%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 490%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Poah Support Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Decatur County Community Foundation Inc ($4.0m), Jewish Federation of Middlesex and Monmouth Counties ($4.0m) and Anderson Donor Advised Charitable Fund ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 13% of the total. At year end it held assets of $17.6m against liabilities of $11.8m, net assets of $5.8m.