The Optimist Foundation of Adrian Missouri Inc

Analysis

The Optimist Foundation of Adrian Missouri Inc is a registered charity in United States, based in Adrian, MO. It received its IRS tax-exemption ruling in June 2006, 20 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 September 2024, The Optimist Foundation of Adrian Missouri Inc reported income of $88k and spending of $109k, spending 124% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $65k to $88k (+35%), an average of +6.2% a year. The sharpest change came in the year to September 2021, when income dropped by 34%. Over the whole period it spent 148% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Optimist Foundation of Adrian Missouri Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within MO. Charities of a similar size with the same main cause include Capital City Education Alliance Inc ($88k), St Charles Public Library Foundation Inc ($88k) and Glen Ridge Community Fund ($88k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 20% and program service revenue 59% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.