Usps Endowment Fund Inc

Analysis

Usps Endowment Fund Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 2019, 7 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Usps Endowment Fund Inc reported income of $166k and spending of $185k, spending 112% of what it took in. Across the 6 years on record, from November 2018 to November 2023, income grew from $133k to $166k (+25%), an average of +4.5% a year. The sharpest change came in the year to November 2022, when income rose by 57%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Usps Endowment Fund Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Mendo-Lake Alternative Service Inc ($166k), Franklin Community Schools Band Boosters Inc ($166k) and St Marys School Foundation ($166k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $2.1m against liabilities of $1,199, net assets of $2.1m.