First Presbyterian Church Foundation

Analysis

First Presbyterian Church Foundation is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in December 1977, 49 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, First Presbyterian Church Foundation reported income of $159k and spending of $38k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8,974 to $159k (+1667%), an average of +105% a year. The sharpest change came in the year to December 2021, when income rose by 8789%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Presbyterian Church Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within OH. Charities of a similar size with the same main cause include Eternal Voice Inc ($159k), To the Nations Ministries Inc ($159k) and Lakota Peace Initiative ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.