Mohican Area Growth Foundation Incorporated

Analysis

Mohican Area Growth Foundation Incorporated is a registered charity in United States, based in Loudonville, OH. It received its IRS tax-exemption ruling in July 1986, 40 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, Mohican Area Growth Foundation Incorporated reported income of $260k and spending of $335k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $82k to $260k (+217%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 187%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mohican Area Growth Foundation Incorporated sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include German-American School Association ($260k), Healdsburg Museum and Historical Society ($260k) and Selden Volunteer Fire Department ($260k).

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 $380k against liabilities of $0, net assets of $380k.