United States Power Squadrons
United States Power Squadrons: Steady Revenue, Declining Assets, and High Administrative Costs
EIN: 221487365 · Raleigh, NC · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $2.0M |
| Net Assets | $2.1M |
| Transparency Score | 65/100 |
Is United States Power Squadrons Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About United States Power Squadrons
United States Power Squadrons (EIN: 221487365) is a nonprofit organization based in Raleigh, NC. The organization reported total revenue of $1.7M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United States Power Squadrons's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United States Power Squadrons is a mid-size nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-203,661 |
| Total Assets | $2.6M |
| Total Liabilities | $451K |
| Net Assets | $2.1M |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 17.6% |
| Months of Reserves | 15.7 months |
Financial Health Grade: B
In 2023, United States Power Squadrons reported a deficit of $204K with expenses exceeding revenue, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 17.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), United States Power Squadrons's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | +13.9% | -12.4% |
| 2022 | +8.2% | +3.5% | +4.0% |
| 2021 | -7.8% | -25.7% | +12.6% |
| 2020 | +7.8% | -7.4% | -6.8% |
| 2019 | -25.0% | -5.1% | -15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1949 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United States Power Squadrons with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, United States Power Squadrons allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $204K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.6%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of United States Power Squadrons's IRS 990 filings:
- Zero percent of expenses are allocated to programs, with all reported expenses categorized as administrative or fundraising, which is highly unusual for a nonprofit.
- Total assets have shown a consistent decline from $5,175,503 in 2016 to $2,569,968 in 2023.
- The organization consistently reports 0% for program service expenses across all available years, raising questions about the nature of its charitable activities.
Strengths
The following positive indicators were identified for United States Power Squadrons:
- Consistent revenue generation, with annual revenues generally staying above $1.7 million.
- Long operational history, as evidenced by multiple years of financial data.
Frequently Asked Questions about United States Power Squadrons
Is United States Power Squadrons a legitimate charity?
United States Power Squadrons (EIN: 221487365) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does United States Power Squadrons spend its money?
United States Power Squadrons reported $1.7M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to United States Power Squadrons tax-deductible?
United States Power Squadrons is registered as a tax-exempt nonprofit (EIN: 221487365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is United States Power Squadrons located?
United States Power Squadrons is headquartered in Raleigh, North Carolina and files with the IRS under EIN 221487365.
How many years of IRS 990 filings does United States Power Squadrons have?
United States Power Squadrons has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
What does United States Power Squadrons do?
United States Power Squadrons is a nonprofit organization in the Unknown sector, located in Raleigh, North Carolina. It is classified under NTEE code Unknown.
How much revenue does United States Power Squadrons have?
United States Power Squadrons reported total revenue of $1,716,182. Based on 13 IRS 990 filings on record.
What are United States Power Squadrons's total assets?
United States Power Squadrons holds total assets of $1,639,503 as reported in IRS 990 filings.
Where is United States Power Squadrons located?
United States Power Squadrons is based in Raleigh, North Carolina.
What is United States Power Squadrons's EIN?
United States Power Squadrons's Employer Identification Number (EIN) is 221487365. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is United States Power Squadrons?
United States Power Squadrons is classified under NTEE code Unknown (Unknown).
Is United States Power Squadrons a registered 501(c)(3)?
United States Power Squadrons appears in IRS records (EIN: 221487365). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does United States Power Squadrons file IRS Form 990?
Yes, United States Power Squadrons has 13 IRS Form 990 filings on record. The most recent covers tax period 202311.
What was United States Power Squadrons's revenue in 2023?
In the 202311 filing period, United States Power Squadrons reported total revenue of $1,755,718, total expenses of $1,959,379, and net assets of $2,569,968.
Is United States Power Squadrons's revenue growing or declining?
United States Power Squadrons's revenue is declining. Revenue went from $2,085,267 (202211) to $1,755,718 (202311), a -15.8% change. Based on 13 filings on record.
What is United States Power Squadrons's most recent 990 filing?
The most recent IRS Form 990 filing for United States Power Squadrons covers tax period 202311. It shows revenue of $1,755,718, expenses of $1,959,379, total assets of $2,569,968, and liabilities of $451,200.
Is United States Power Squadrons a trustworthy charity?
Based on AI analysis of IRS 990 data, United States Power Squadrons shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for United States Power Squadrons?
The following concerns were identified: Zero percent of expenses are allocated to programs, with all reported expenses categorized as administrative or fundraising, which is highly unusual for a nonprofit.. Total assets have shown a consistent decline from $5,175,503 in 2016 to $2,569,968 in 2023.. The organization consistently reports 0% for program service expenses across all available years, raising questions about the nature of its charitable activities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are United States Power Squadrons's strengths?
Positive indicators for United States Power Squadrons include: Consistent revenue generation, with annual revenues generally staying above $1.7 million.. Long operational history, as evidenced by multiple years of financial data.. These findings are derived from AI analysis of the organization's financial filings.
How does United States Power Squadrons compensate executives?
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program service expenses, how does United States Power Squadrons fulfill its stated mission, and what activities are classified under 'administrative' that would typically be considered programmatic?
The consistent reporting of 0% program service expenses suggests that the organization's mission-related activities are either not categorized as 'program services' in their financial reporting or are entirely outsourced/funded through other means not reflected in these expense lines. Further investigation into their IRS Form 990, Part III (Statement of Program Service Accomplishments) would be necessary to understand how they define and report their programmatic efforts.
Filing History
IRS 990 filing history for United States Power Squadrons showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United States Power Squadrons's revenue has declined by 19.7%, moving from $2.2M to $1.8M. Total assets decreased by 40.4% over the same period, from $4.3M to $2.6M. Total functional expenses fell by 14.8%, from $2.3M to $2.0M. In its most recent filing year (2023), United States Power Squadrons reported a deficit of $204K, with expenses exceeding revenue. The organization holds $451K in liabilities against $2.6M in assets (debt-to-asset ratio: 17.6%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.0M | $2.6M | $451K | — | View 990 |
| 2022 | $2.1M | $1.7M | $2.9M | $593K | — | View 990 |
| 2021 | $1.9M | $1.7M | $2.8M | $631K | — | View 990 |
| 2020 | $2.1M | $2.2M | $2.5M | $611K | — | View 990 |
| 2019 | $1.9M | $2.4M | $2.7M | $660K | — | — |
| 2018 | $2.6M | $2.5M | $3.2M | $694K | — | View 990 |
| 2017 | $2.5M | $4.5M | $3.2M | $692K | — | View 990 |
| 2016 | $2.5M | $2.3M | $5.2M | $690K | — | View 990 |
| 2015 | $2.5M | $2.3M | $5.1M | $696K | — | View 990 |
| 2014 | $2.2M | $2.2M | $5.0M | $726K | — | View 990 |
| 2013 | $2.4M | $2.0M | $4.9M | $699K | — | View 990 |
| 2012 | $2.0M | $2.2M | $4.4M | $704K | — | View 990 |
| 2011 | $2.2M | $2.3M | $4.3M | $726K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.0M, and assets of $2.6M (revenue -15.8% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.7M, and assets of $2.9M (revenue +8.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.7M, and assets of $2.8M (revenue -7.8% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.2M, and assets of $2.5M (revenue +7.8% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.4M, and assets of $2.7M (revenue -25.0% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.5M, and assets of $3.2M (revenue +4.6% year-over-year).
- 2017: Revenue of $2.5M, expenses of $4.5M, and assets of $3.2M (revenue -0.2% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.3M, and assets of $5.2M (revenue -1.2% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.3M, and assets of $5.1M (revenue +15.7% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $5.0M (revenue -8.7% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.0M, and assets of $4.9M (revenue +16.5% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.2M, and assets of $4.4M (revenue -6.8% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.3M, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United States Power Squadrons:
Data Sources and Methodology
This transparency report for United States Power Squadrons is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.