P a S O Foundation

Analysis

P a S O Foundation is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in November 1979, 47 years ago. 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, P a S O Foundation reported income of $119k and spending of $103k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $126k to $119k (-5.7%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 316%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, P a S O Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Central Vermont Community Radio Corporation ($119k), James D Phillips TR Uw Atr5 Par 2-10-9622-00-1 ($119k) and Farmington Five Hundred Boys Club Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $918k against liabilities of $0, net assets of $918k.