Pocket Full O Posey Foundation Inc
Analysis
Pocket Full O Posey Foundation Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2021, Pocket Full O Posey Foundation Inc reported income of $78k and spending of $72k, spending 91% of its income. Over the whole period it spent 104% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pocket Full O Posey Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include The Region 15 Bas Program Inc ($78k), Tiny Blessings USA ($78k) and North Louisiana Farm Fresh Corporation ($78k).
On its Form 990 for the period ending December 2021, revenue came from contributions and grants 26% of the total. Other salaries and wages came to $7,490. At year end it held assets of $15k against liabilities of $36k, net assets of -$22k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Other 74%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Region 15 Bas Program Inc | Middlebury | $78k |
| Tiny Blessings USA | San Diego | $78k |
| North Louisiana Farm Fresh Corporation | Ruston | $78k |
| Dubois Community Foundation | Du Bois | $78k |