Poised for Success

Analysis

Poised for Success is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in March 2003, 23 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 December 2023, Poised for Success reported income of $176k and spending of $173k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $176k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Poised for Success sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Tom Vanderpol Memorial Fund Inc ($176k), Livonia Community Foundation ($176k) and Military Officers Benevolent Corporation ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 9.3% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.