Jo McDonough TR

Analysis

Jo McDonough TR is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jo McDonough TR reported income of $146k and spending of $103k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $146k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jo McDonough TR sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within IA. Charities of a similar size with the same main cause include Berkshire Booster Club Inc ($146k), Dallas Regional Science & Engineering Fair ($146k) and McBride Conservation Fund Foundation ($146k).

Compensation of current officers, directors and key employees was $12k (12% of expenses). At year end it held assets of $4.5m against liabilities of $300, net assets of $4.5m.