Captain Ryan S Phaneuf Memorial Fund

Analysis

Captain Ryan S Phaneuf Memorial Fund is a registered charity in United States, based in Hudson, NH. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Captain Ryan S Phaneuf Memorial Fund reported income of $62k and spending of $37k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $62k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Captain Ryan S Phaneuf Memorial Fund 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 25th percentile, and in the 26th percentile within NH. Charities of a similar size with the same main cause include Apex Middle School Cougar Club ($62k), Fox Lane Baseball Boosters Club ($62k) and Jackson Center Athletic Booster Club Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $88k against liabilities of $10k, net assets of $78k.