Joseph S Groh Foundation

Analysis

Joseph S Groh Foundation is a registered charity in United States, based in Fairview, TX. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover human services, 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, Joseph S Groh Foundation reported income of $277k and spending of $232k, spending 84% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $258k to $277k (+7.1%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joseph S Groh Foundation sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Churchill Commons Housing Corporation ($277k), Hope Abounds Inc ($277k) and Carman-Ainsworth Senior Citizen Organization ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $465k against liabilities of $1,310, net assets of $464k.