John and Mary Alford Foundation

Analysis

John and Mary Alford Foundation is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in June 1998, 28 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, John and Mary Alford Foundation reported income of $324k and spending of $460k, spending 142% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $295k to $324k (+9.7%), an average of +2.3% a year. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, John and Mary Alford Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Hooptee Charities Inc ($324k), Interserv Foundation ($324k) and Rotary Club of the Caldwells Endowment Fund ($324k).

At year end it held assets of $7.1m against liabilities of $0, net assets of $7.1m.

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.