Gus Johnson Community Foundation Inc

Analysis

Gus Johnson Community Foundation Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gus Johnson Community Foundation Inc reported income of $191k and spending of $184k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $269k to $191k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gus Johnson Community Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Defiance County Residential Housing Inc ($191k), Victory Valley Rescue Ranch Inc ($191k) and Somali American Community Center of Colorado ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.