W H Johnston Foundation

Analysis

W H Johnston Foundation is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in May 1992, 34 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 June 2023, W H Johnston Foundation reported income of $78k and spending of $191k, spending 245% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $99k to $78k (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2023, when income dropped by 62%. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, W H Johnston Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include Bullskin Township Senior Citizens ($78k), PTA California Congress of Parents Teachers & Students Inc ($78k) and Ida Band Boosters ($78k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $2.6m against liabilities of $253k, net assets of $2.3m.