Forrest & Lena Johnson Memorial Foundation

Analysis

Forrest & Lena Johnson Memorial Foundation is a registered charity in United States, based in Pascagoula, MS. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Forrest & Lena Johnson Memorial Foundation reported income of $83k and spending of $126k, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $84k to $83k (-0.6%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Forrest & Lena Johnson Memorial Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MS. Charities of a similar size with the same main cause include New Day Network Ministry Inc ($83k), Bethel Worship Center Incorporated ($83k) and Mavuno Ministries Inc ($83k).

Compensation of current officers, directors and key employees was $4,000 (3.2% of expenses). At year end it held assets of $983k against liabilities of $0, net assets of $983k.