Found Village

Analysis

Found Village is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Found Village reported income of $1.3m and spending of $1.3m, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $602k to $1.3m (+114%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Found Village sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Esq Apprentice ($1.3m), Boys and Girls Club of Webster ($1.3m) and Barbara C Harris Center ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $189k (14% of expenses). Other salaries and wages came to $527k. At year end it held assets of $555k against liabilities of $392k, net assets of $163k. It reported 21 employees.