Fort Recovery Ohio Community Foundation Inc

Analysis

Fort Recovery Ohio Community Foundation Inc is a registered charity in United States, based in Fort Recovery, OH. It received its IRS tax-exemption ruling in June 1993, 33 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 June 2024, Fort Recovery Ohio Community Foundation Inc reported income of $1.7m and spending of $1.6m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $745k to $1.7m (+123%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 188%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fort Recovery Ohio Community Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include United Way of Spencer ($1.7m), Maui United Way Inc ($1.7m) and Corpsgiving Foundation ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.