Canstruction Inc

Analysis

Canstruction Inc is a registered charity in United States, based in Georgetown, OH. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Canstruction Inc reported income of $80k and spending of $85k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $80k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canstruction 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 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include A Small Miracle Foundation ($80k), Heritage Classic Foundation Inc ($80k) and Claymont Delaware Lions Club Foundation Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $239k against liabilities of $1,554, net assets of $238k.

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.