Paddle 4 Troops Inc

Analysis

Paddle 4 Troops Inc is a registered charity in United States, based in Surf City, NC. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Paddle 4 Troops Inc reported income of $126k and spending of $128k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $126k (-10%), an average of -10% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paddle 4 Troops Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Hood River Swim Team Inc ($126k), Garrett Chapel Memorial Trust ($126k) and Regency House of Jackson Inc 1330 State Hwy 74 ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.