3rd and Goal Foundation

Analysis

3rd and Goal Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, 3rd and Goal Foundation reported income of $311k and spending of $259k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $208k to $311k (+49%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 3rd and Goal Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Riverview Avenue Apartments Housing Development Fund Company Inc ($310k), 2246 Webster Avenue HDFC ($311k) and Ridge Oak III Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $80k (31% of expenses). At year end it held assets of $409k against liabilities of $0, net assets of $409k. It reported 1 employees.