Michael Cronhelm and Taft Conlin Foundation

Analysis

Michael Cronhelm and Taft Conlin Foundation is a registered charity in United States, based in Shaker HTS, OH. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Michael Cronhelm and Taft Conlin Foundation reported income of $95k and spending of $25k, leaving 74% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1,683 to $95k (+5563%), an average of +652% a year. The sharpest change came in the year to December 2022, when income rose by 1906%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michael Cronhelm and Taft Conlin Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Aromas Home and School Club ($95k), Sumac Elementary School Parent Faculty Association ($95k) and Louisiana Construction Education Foundation ($95k).

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 $78k against liabilities of $0, net assets of $78k.