205 Corporation

Analysis

205 Corporation is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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 2023, 205 Corporation reported income of $265k and spending of $252k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $265k (+8.6%), an average of +2.1% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 205 Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within OK. Charities of a similar size with the same main cause include Little League Baseball Inc ($265k), Minnesota Public Television Association ($265k) and Soroptimist International of Los Angeles ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Other salaries and wages came to $43k. At year end it held assets of $898k against liabilities of $860k, net assets of $39k. It reported 3 employees.