Posabilities Inc

Analysis

Posabilities Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Posabilities Inc reported income of $607k and spending of $521k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $228k to $607k (+166%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Posabilities Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Foundation for Heart Failure Research Inc ($607k), University of Vermont Medical Center Auxiliary ($607k) and Montana Cancer Consortium ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $332k. At year end it held assets of $143k against liabilities of $2,724, net assets of $140k. It reported 25 employees.