Public Charity

UNITED STATES POWER SQUADRONS ENDOWMENT FUND INC

UNITED STATES POWER SQUADRONS ENDOWMENT FUND INC is a Public Charity headquartered in RALEIGH, NC. Financial data from the 2024 filing: $100K revenue, $232K expenses, $2.3M total assets. 2 publicly reported grants to this organization, totaling roughly $1.9M, appear in IRS filings.

EIN: 822846674 RALEIGH, NC Latest filing: 2024
Total Revenue$100K
Total Expenses$232K
Total Assets$2.3M
Grant Records2
Funding Total$1.9M
Filing Years2020–2024

Mission

THE UNITED STATES POWER SQUADRONS ENDOWMENT FUND IS ORGANIZED UNDER SECTION 509(A)(3) AND 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 EXCULSIVELY FOR THE SUPPORT OF THE UNITED STATES POWER SQUADRONS, INC. A NORTH CAROLINA CORPORATION ORGANIZED UNDER SECTION 501(C)(3) OF THE CODE.

Officers & Directors

SECRETARY Allen Lakin
TRUSTEE Dianne Marshburn
TRUSTEE John Malatak
TRUSTEE Mary Paige Abbott
EXECUTIVE ADMINISTRATOR Maureen Healey
CHAIRMAN Robert Baldridge

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO PROVIDE THE ENDOWMENT'S INITIAL FUNDS
$1,900,581 1 grant
TO PROVIDE FUNDS TO THE ENDOWMENT
$23,482 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $100K $232K $2.3M
2023 $166K $185K $2.1M
2022 $183K $114K $2.2M
2021 $117K $112K $2.4M
2020 $118K $169K $2.2M

Between 2020 and 2024, reported annual revenue declined from $118K to $100K (-15%), with total assets most recently reported at $2.3M.

Interactive year-over-year charts and full filing details available with membership.

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