Power of Will Inc

Analysis

Power of Will Inc is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in February 2021, 5 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, Power of Will Inc reported income of $54k and spending of $56k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $54k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Power of Will Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within AL. Charities of a similar size with the same main cause include Chasudim Rabim Inc ($54k), Good Works Corporation ($54k) and 4 Chics and a Cat ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.