Athens County Foundation

Analysis

Athens County Foundation is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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 2023, Athens County Foundation reported income of $2.4m and spending of $1.1m, leaving 53% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $2.4m (+104%), an average of +20% a year. The sharpest change came in the year to September 2020, when income rose by 87%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Athens County Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Joe Burrow Foundation ($2.4m), Partners Against Violence ($2.4m) and Exchange Club Center for the Prevention of Child Abuse of NC ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $94k (8.3% of expenses). Other salaries and wages came to $204k. At year end it held assets of $11.2m against liabilities of $529k, net assets of $10.6m. It reported 5 employees.