Fisher-Titus Foundation

Analysis

Fisher-Titus Foundation is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in November 1985, 41 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 December 2023, Fisher-Titus Foundation reported income of $626k and spending of $765k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $585k to $626k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 207%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fisher-Titus Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Hodag Sports Club ($626k), Batavia Players Inc ($626k) and The Liriodendron Foundation Inc ($626k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $231k. At year end it held assets of $5.8m against liabilities of $1.3m, net assets of $4.5m.