Asa Cox Foundation

Analysis

Asa Cox Foundation is a registered charity in United States, based in Painesville, OH. It received its IRS tax-exemption ruling in October 2012, 14 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, Asa Cox Foundation reported income of $446k and spending of $414k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $217k to $446k (+105%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asa Cox Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Creede Early Learning Center ($446k), Trinity Pines Retirement Center Inc ($446k) and Woodford County Heartline Association Incorporated ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $68k (16% of expenses). Other salaries and wages came to $30k. At year end it held assets of $79k against liabilities of $1,871, net assets of $77k. It reported 6 employees.